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    S 600 W New Palestine, IN 46163

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    For Lease
    Contact for pricing

    Newly constructed 108,000 SF health and wellness center.

    Property size:
    14,250 SF
    Lot size:
    6.94 Acres

    Property Features for S 600 W

    General Information

    Size
    14,250 SF
    Lot size
    6.94 Acres

    Source: Tharp Realty Agent Crystal Kennard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Upscale Health and Wellness Center

    This newly constructed, upscale health and wellness center offers 108,000 square feet of space. The $40 million center is situated on the main thoroughfare of the city, benefiting from high traffic counts. The property is located in New Palestine, IN.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Auto Parts Store Kitchen & Bath Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    New Palestine
    County
    Hancock
    State
    Indiana
    Longitude
    -85.916273
    Latitude
    39.773081

    Nearby Similar for Lease

    • Contact for pricing
      7,000 SF

      New Palestine Retail Center

      7,000 SF Retail Space Available
      52 And 600, New Palestine, IN 46163
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    • Contact for pricing
      7,000 SF

      New Construction Drive-Thru Restaurant Space

      New construction drive-thru restaurant space adjacent to community center.
      5918 Dragon Dr, New Palestine, IN
      View Details

    FAQs

    What type of property is this?
    Shopping center - Newly constructed 108,000 SF health and wellness center.
    Where is this shopping center located?
    The property is located at S 600 W New Palestine, IN.
    What are key features of this property?
    This property features: - Newly constructed 108,000 SF upscale health and wellness center; - $40 million valuation; - Located on the main thoroughfare of the city
    (317) 418-2464
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    S 600 W New Palestine, IN 46163
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    New Palestine, IN 46163
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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
    S 600 W New Palestine, IN 46163
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