5250 Us Highway 36Avon, IN 46123

Property Details for 5250 Us Highway 36

Year built

1994

Construction

WOOD

Lot size

1.50 AC

Property size (Sq ft)

8,562 SF

Property type

Office properties

APN

32-10-09-110-001.000-022

APU

321009110001000022

Description

This exceptional Avon, Indiana office property, located at 5250 E US Hwy 36, offers a total of 37,175 square feet across three buildings. Currently, there are 29,085 square feet of vacant space available for lease, presenting a significant opportunity for businesses seeking flexible and modern office solutions. The property is zoned GB and situated in Hendricks County, offering convenient access to major transportation routes. The available space is adaptable to various needs, catering to executive office suites, coworking spaces, and medical offices. One immediately available suite, Suite 320, is divisible and offers a range of sizes from 1,200 to 3,988 square feet. This makes it ideal for businesses of all sizes, from startups to established corporations. The property's multiple-tenancy structure provides a diverse and vibrant work environment. The location in Avon, Indiana (zip code 46123) offers a thriving business community and excellent amenities. This is a rare opportunity to secure high-quality office space in a desirable location with significant flexibility in terms of size and configuration. Contact us today to learn more about leasing options and explore the possibilities for your business at this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,196,980

  6.5%

  $1,104,910

  7%

  $1,025,990

• Comparable approach

  Method

  Valuation

  Relative Method

  $737,017

  Geo Method

  $737,017

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,450,980

  Retail / Commercial

  $1,202,880

  Mixed-Use / Specialty

  $1,156,070

  Hospitality / Lodging

  $792,804

  Institutional / Educational

  $1,186,650

  Residential Income

  $1,388,380

  Multifamily

  $1,900,900

  Automotive / Energy

  $1,017,130

  Parking / Income-Based Land

  $393,013

  Restaurant / Food Service

  $510,521

  Healthcare / Senior Housing

  $1,229,140

Location Insight

City

Avon

County

Hendricks

State

Indiana

Latitude

39.7598

Longitude

-86.4351

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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