720 Executive Park DrGreenwood, IN 46143

  • Office properties
  • 31,752 SF
For Lease
$15/SF/YR View listing

Property Details for 720 Executive Park Dr

Year built
1984
Construction
WOOD
Lot size
1.71 AC
Property size (Sq ft)
31,752 SF
Property type
Office properties
APN
41-05-05-012-007.000-026
APU
410505012007000026

Description

This Greenwood, Indiana, office building, Vantage Centre, offers multiple tenancy options in a Class C, three-story building totaling 27,715 square feet. Built in 1985, the property sits on 1.7 acres of land and includes 108 parking spaces and elevators. Currently, 2,450 square feet of vacant space is available, divisible into units as small as 1,000 square feet, with a maximum contiguous space of 1,000 square feet. The building is zoned C-3 and its address is 720 Executive Park Dr, Greenwood, IN 46143, conveniently located near the Greenwood Fieldhouse and new retail development. The property features a single building with convenient access via Smith Valley Road. The minimum leasable space is 1,000 square feet. The property's APN is 41-05-05-012-007.000-026. This is an excellent opportunity for businesses seeking office space in a desirable Greenwood location. The building's traditional office layout provides a functional and efficient workspace. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,116,530
    6.5%
    $3,799,873
    7%
    $3,528,454
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,977,887
    Geo Method
    $2,977,887
  • Alternative Use

    Use
    Valuation
    Residential
    $4,711,843
    Hospitality
    $4,316,023
    Educational
    $3,590,880
    Medical
    $3,714,376
    Retail
    $5,585,814
720 Executive Park Dr, Greenwood, Indiana

Location Insight

City
Greenwood
County
Johnson
State
Indiana
Latitude
39.605
Longitude
-86.1109
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
$56,547
$457,600
$2,468,400
$2,926,000
-
$457,600
$2,468,400
$2,926,000

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