11481 Olio RdFishers, IN 46037

  • Healthcare properties
  • 5,148 SF
For Lease
$34/SF/YR View listing

Property Details for 11481 Olio Rd

Year built
2012
Construction
WOOD
Lot size
1.29 AC
Property size (Sq ft)
5,148 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
29-15-01-021-002.000-020
APU
291501021002000020

Description

This exceptional 5,114-square-foot medical office building presents a unique opportunity in the highly sought-after Fishers/Geist submarket of Indiana. Located at 11481 Olio Rd, Fishers, IN 46037, this single-tenant, Class A property boasts a desirable address with excellent visibility and accessibility. Built in 2012, the building sits on a spacious 1.59-acre lot and offers ample parking with 23 spaces. The property features a single story design, is zoned PUD-C & R, and is move-in ready. The building's versatile design makes it suitable for various medical office uses, as well as creative or traditional office configurations. With its convenient location and modern amenities, this property is ideal for businesses seeking a high-profile presence in a thriving community. The property's address is easily accessible from Olio Road & 113th Street, and benefits from a high volume of daily traffic (22,185 vehicles per day). The property includes no elevators. APN: 29-15-01-000-002.000-020 & 29-15-01-021-002.000-020. The entire 5,114 square feet is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $641,602
    6.5%
    $592,248
    7%
    $549,945
  • Comparable approach

    Method
    Valuation
    Relative Method
    $639,330
    Geo Method
    $639,330
  • Alternative Use

    Use
    Valuation
    Residential
    $734,388
    Hospitality
    $672,695
    Educational
    $559,675
    Medical
    $578,923
    Retail
    $870,605
11481 Olio Rd, Fishers, Indiana

Location Insight

City
Fishers
County
Hamilton
State
Indiana
Latitude
39.9558
Longitude
-85.9174
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,766
$619,200
$662,100
$1,281,300
-
$619,200
$662,100
$1,281,300

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