3008 Middle RdOak Park, IN 47130

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

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.

• 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

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

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