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    1337 Hospital Rd Paoli, IN 47454

    For Sale
    $264,000

    Established building, high visibility, flexible space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 3,142 square foot freestanding commercial building presents a remarkable opportunity for business owners in Paoli, Indiana. Situated on a 0.48-acre lot along a busy corridor, this solid brick and vinyl structure boasts high visibility and convenient access for customers. The property is zoned for general industrial use, offering a wide range of potential applications, including medical, insurance, finance, salon, or daycare. Ten paved parking spaces ensure ample customer parking. The interior features a welcoming reception area, six individual offices, multiple bathrooms, and multiple entry/exit points, providing flexible space options. A large 30x24 meeting/conference room, easily divisible with a retractable wall, adds versatility. The neutral dГ©cor and immaculate condition reflect pride of ownership. A full kitchen with appliances and a washer/dryer are included. All contents convey with the property, with exceptions noted in the property documents. High-speed fiber internet is available through OC REMC. This low-threshold entry point into the Paoli business community offers a compelling investment opportunity with significant potential for growth and success. The property's prime location and versatile layout make it an ideal choice for a variety of businesses seeking a well-established and highly visible presence.

    Property Features for 1337 Hospital Rd

    General Information

    Property type
    Investment properties
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1974
    Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Paoli
    County
    Orange
    State
    Indiana
    Longitude
    -86.4831
    Latitude
    38.56328

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    FAQs

    What type of property is this?
    Investment property - Established building, high visibility, flexible space.
    Where is this investment property located?
    The property is located at 1337 Hospital Rd Paoli, IN.
    What is the asking price?
    The asking price for this property is $264,000.
    (317) 888-3311
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    1337 Hospital Rd Paoli, IN 47454
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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
    1337 Hospital Rd Paoli, IN 47454
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