7950 Ortho LnBrownsburg, IN 46112

Property Details for 7950 Ortho Ln

Year built

2008

Construction

TYPE NOT SPECIFIED

Lot size

6.16 AC

Property size (Sq ft)

43,770 SF

Property type

Medical offices

Property subtype

Medical centers

APN

32-07-26-276-001.000-016

APU

320726276001000016

Description

This exceptional 38,252 square foot medical office building in Brownsburg, Indiana, presents a unique investment opportunity. The entire two-story building is available for lease, offering a fully licensed and accredited surgery center currently equipped with two operating rooms. The facility's design allows for expansion, with the potential to add up to four or six additional operating rooms as needed. The building also includes dedicated imaging areas equipped for MRI and X-ray services. The property boasts a multi-tenant configuration, with five individual spaces ranging from 1,393 to 13,361 square feet currently available. Its strategic location offers convenient access to major healthcare providers, situated less than five miles from IU Health West Hospital and under ten miles from Hendricks Regional Health Hospital. This prime location ensures high visibility and accessibility for patients and staff. The building features elevators for convenient access to all floors. This turnkey medical facility is ready for immediate occupancy and presents a rare opportunity to acquire a fully operational and expandable medical center in a thriving healthcare market. The building's existing infrastructure and potential for expansion make it an ideal choice for a variety of medical practices or healthcare organizations seeking a well-equipped and strategically located facility.

• CAP approach

  CAP return

  Valuation

  6%

  $5,399,228

  6.5%

  $4,983,903

  7%

  $4,627,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,767,722

  Geo Method

  $3,767,722

• Alternative Use

  Use

  Valuation

  Residential

  $6,180,040

  Hospitality

  $5,660,883

  Educational

  $4,709,788

  Medical

  $4,871,765

  Retail

  $7,326,338

Location Insight

City

Brownsburg

County

Hendricks

State

Indiana

Latitude

39.8024

Longitude

-86.3825

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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