1650 Oak StZionsville, IN 46077

Property Details for 1650 Oak St

Year built

1992

Construction

WOOD

Lot size

4.10 AC

Property size (Sq ft)

33,232 SF

Zone code

ZO01

Property type

Healthcare properties

Property subtype

Medical offices

APN

06-04-03-000-025.004-006

APU

60403000025004006

Description

This exceptional medical office building in Zionsville, Indiana, offers multiple suites ranging from 2,156 to 3,415 square feet. Located at 1650 W Oak St, 46077, in Boone County, this property boasts a convenient location and ample amenities. The building features 45 parking spaces, a covered entrance, and is fully accessible, including gurney-sized elevators and handicapped-accessible restrooms on each floor. Individual climate control via HVAC systems ensures optimal comfort, while the flexible plumbing design allows for adaptable fixture placement. The first floor includes a comprehensive suite of ancillary services, benefiting tenants and patients alike. These services encompass two outpatient surgery suites, procedure rooms, exam rooms, a fully equipped laboratory, a dedicated physical therapy/work hardening area, and a state-of-the-art radiology department offering flat film, ultrasound, and mammography capabilities. This building is ideally suited for a variety of medical practices, offering a turnkey solution with immediate access to a wide range of support services. The building's strategic location and comprehensive amenities make it an exceptional opportunity for medical professionals seeking a thriving practice environment. Contact us today to learn more about available suites and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $4,317,116

  6.5%

  $3,985,030

  7%

  $3,700,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,128,012

  Geo Method

  $3,128,012

• Alternative Use

  Use

  Valuation

  Residential

  $4,941,438

  Hospitality

  $4,526,330

  Educational

  $3,765,854

  Medical

  $3,895,367

  Retail

  $5,857,994

Location Insight

City

Zionsville

County

Boone

State

Indiana

Latitude

39.9515

Longitude

-86.2848

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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