1691 Ronald Reagan PkwyAvon, IN 46123

  • Retail properties
  • 576 SF
For Lease
$216/SF/YR View listing

Property Details for 1691 Ronald Reagan Pkwy

Year built
1960
Construction
WOOD
Lot size
13.63 AC
Property size (Sq ft)
576 SF
Property type
Retail properties
Property subtype
Retail space
APN
32-09-17-330-001.000-031
APU
320917330001000031

Description

This exceptional 2023-built commercial property in Avon, Indiana, offers a diverse range of spaces to suit various business needs. Located at 1691 S Ronald Reagan Pkwy, Hendricks County, zip code 46123, this single-story building comprises 100 individual suites, providing a flexible and adaptable environment for businesses of all sizes. The property offers three distinct space types: traditional office, flex space, and warehouse space, catering to a wide array of operational requirements. Units range from a minimum of 120 square feet to a maximum contiguous space of 2,260 square feet, ensuring scalability for growing businesses. The building features multiple tenancies, fostering a collaborative and dynamic atmosphere. Each suite is equipped with power. This prime location in Avon offers easy access to major transportation routes and amenities, making it an ideal choice for businesses seeking a modern, efficient, and secure workspace. The property's all-inclusive design and secure environment provide a hassle-free and productive work environment. This is a unique opportunity to establish your business in a thriving commercial district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $104,447
    6.5%
    $96,412
    7%
    $89,526
  • Comparable approach

    Method
    Valuation
    Relative Method
    $124,947
    Geo Method
    $124,947
  • Alternative Use

    Use
    Valuation
    Residential
    $81,327
    Hospitality
    $74,496
    Educational
    $61,979
    Medical
    $64,111
    Retail
    $96,412
1691 Ronald Reagan Pkwy, Avon, Indiana

Location Insight

City
Avon
County
Hendricks
State
Indiana
Latitude
39.7397
Longitude
-86.3376
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
$16,902
$511,000
$95,200
$606,200
-
$511,000
$95,200
$606,200

FAQs

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