65 Garner RdBrownsburg, IN 46112

  • Office properties
  • 1,292 SF
For Lease
$198/SF/YR View listing

Property Details for 65 Garner Rd

Year built
2001
Construction
WOOD
Lot size
0.03 AC
Property size (Sq ft)
1,292 SF
Property type
Office properties
APN
32-07-02-501-006.000-026
APU
320702501006000026

Description

This single-tenant office building, located at 65 E Garner Rd in Brownsburg, Indiana, 46112, offers 1,220 square feet of versatile space. Built in 2001, this Class B, one-story property is ideal for a variety of businesses, including traditional, executive, medical, or creative offices. The space features a lobby/waiting area, a receptionist/office area, a private office, a storage room, a break room, and a restroom. Recent improvements include fresh paint and brand new carpeting throughout. The convenient north Brownsburg location provides easy access for clients and employees. The monthly lease payment includes common area maintenance (CAM) charges. Utilities such as electricity, gas, phone, internet, and janitorial services are the responsibility of the tenant. This property presents a fantastic opportunity for a business seeking a well-maintained, move-in ready office space in a desirable location. The property is easily accessible from major roadways. The building is a single-tenant structure, offering privacy and control.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $167,434
    6.5%
    $154,555
    7%
    $143,515
  • Comparable approach

    Method
    Valuation
    Relative Method
    $121,082
    Geo Method
    $121,082
  • Alternative Use

    Use
    Valuation
    Residential
    $191,648
    Hospitality
    $175,548
    Educational
    $146,054
    Medical
    $151,077
    Retail
    $227,196

Location Insight

City
Brownsburg
County
Hendricks
State
Indiana
Latitude
39.8652
Longitude
-86.3898
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
$5,041
$40,700
$132,600
$173,300
-
$40,700
$132,600
$173,300

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