209 175Th StWestfield, IN 46074

Property Details for 209 175Th St

Year built

1999

Construction

TYPE NOT SPECIFIED

Lot size

1.56 AC

Property size (Sq ft)

6,300 SF

Property type

Office properties

APN

29-09-02-000-003.001-015

APU

290902000003001015

Description

This exceptional office space, located in Westfield along SR 32, offers a total of 6,300 square feet within a beautifully renovated building (2022). Currently, a single, contiguous space of 2,350 square feet is immediately available for lease. The building is comprised of two suites in total, providing a sense of community and privacy. The available space offers 24/7 private access, a significant advantage for businesses requiring flexible hours. Tenants are responsible for a portion of the common area maintenance (CAM) charges and a share of utilities, ensuring cost transparency. Ample parking is provided on-site, eliminating the hassle of finding parking in a busy area. The property's convenient location and modern amenities make it an ideal choice for businesses seeking a productive and comfortable workspace. This traditional office space is perfect for a variety of businesses needing a well-maintained and easily accessible location. The minimum divisible space is 2,350 square feet, and the maximum contiguous space available is also 2,350 square feet. The building's recent renovation ensures modern features and efficient layouts. Don't miss this opportunity to secure a prime office space in a desirable Westfield location.

• CAP approach

  CAP return

  Valuation

  6%

  $822,680

  6.5%

  $759,397

  7%

  $705,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $782,397

  Geo Method

  $782,397

• Alternative Use

  Use

  Valuation

  Residential

  $941,652

  Hospitality

  $862,549

  Educational

  $717,630

  Medical

  $742,311

  Retail

  $1,116,314

Location Insight

City

Westfield

County

Hamilton

State

Indiana

Latitude

40.0404

Longitude

-86.1556

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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