11481 Olio RdFishers, IN 46037
- Healthcare properties
- 5,148 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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