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    1 Washington St Danville, IN 46122

    For Sale
    $1,099,000

    Prime Downtown Location, High Visibility

    Property size:
    10,974 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 10,974 square foot office building, located at 1 S Washington Street in Danville, Indiana, presents a unique investment opportunity. Situated on a 0.18-acre lot at a prominent corner with a stoplight, the property boasts unparalleled visibility and exposure on the Hendricks County Square, offering stunning views of the courthouse and downtown area. The building's character is undeniable

    Property Features for 1 Washington St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,974 SF
    Lot Size
    7,841 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kendall Wood Lowry ... Law Firm James L. Lowry Personal Injury Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.52364
    Latitude
    39.76062

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Downtown Location, High Visibility
    Where is this office property / space located?
    The property is located at 1 Washington St Danville, IN.
    What is the asking price?
    The asking price for this property is $1,099,000.
    (317) 272-5002
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    1 Washington St Danville, IN 46122
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    Danville, IN 46122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Washington St Danville, IN 46122
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