3008 Middle RdOak Park, IN 47130

  • Office properties
  • 10,914 SF
For Lease
$15/SF/YR View listing

Property Details for 3008 Middle Rd

Year built
1972
Construction
TYPE NOT SPECIFIED
Lot size
0.74 AC
Property size (Sq ft)
10,914 SF
Property type
Office properties
Property subtype
Other office properties
APN
10-19-01-201-062.000-009
APU
101901201062000009

Description

This exceptional executive office suite, located at 3008 Middle Road in Jeffersonville's desirable B1 zoned area (APN: 10-19-01-201-062.000-009, Clark County), offers 1,200 square feet of move-in ready space within a larger 5,600 square foot building. The suite is part of a multi-tenant building (Class C) and is conveniently situated near the intersection of Middle Road and Allison Lane. This prime location provides easy access to key transportation routes and amenities. The asking rent is $15,000 per month, which is an all-inclusive rate encompassing all utilities. The space is immediately available and presents a fantastic opportunity for businesses seeking a well-maintained, efficient, and conveniently located office environment. The property consists of a single building and is categorized as an executive office space. Serious inquiries are encouraged to explore this exceptional opportunity further. The available space represents a portion of a larger building, offering potential for expansion or collaboration within the building's existing tenant community. This is an excellent opportunity to establish a presence in a thriving business district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,067,209
    6.5%
    $1,908,193
    7%
    $1,771,893
  • Comparable approach

    Method
    Valuation
    Relative Method
    $939,477
    Geo Method
    $939,477
  • Alternative Use

    Use
    Valuation
    Residential
    $2,366,159
    Hospitality
    $2,167,389
    Educational
    $1,803,242
    Medical
    $1,865,258
    Retail
    $2,805,044
3008 Middle Rd, Oak Park, Indiana

Location Insight

City
Jeffersonville
County
Clark
State
Indiana
Latitude
38.312
Longitude
-85.702
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-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
$7,710
$97,400
$172,100
$269,500
-
$97,400
$172,100
$269,500

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