Office Suite with Private
For Sale
Contact for pricing
2101 E 8th Street #3, Anderson, IN 46012
The floor plan brings together enclosed offices, shared work areas, and smaller rooms for storage or additional workspace.
Property Size1,214 SF
Price / SF$0.01
Days on Market43
Property Features for 2101 E 8th Street #3
General Information
Standard status
Active
Size
1,214 SF
Property subtype
Office
Additional Details
Condition
Move-in Ready
Road Access
Yes
Property Use
Office
Amenities
signage opportunities
Building Details
Construction
brick
Listing Agency:
eXp Realty, LLC
Listed By:
LockStep Realty
(317) 218-9625
Source:
Locksteprealty
Added: Sep 18
Changed: Oct 28
Last Checked: Oct 28 at 3:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,214-square-foot office suite at 2101 E 8th Street, Suite 3, has several private offices, open work and reception areas, and smaller rooms suited to storage, files, or additional workspace. Front and rear building access provides two entry points. Recent interior updates include neutral finishes, commercial carpet, and overhead lighting. Offices have interior or exterior windows, and the central areas can accommodate reception, meetings, training, or shared work functions.
The building has an attractive brick exterior and traditional architectural details. On-site surface parking, building and monument signage opportunities, and access from E 8th Street are additional property features.
The building has an attractive brick exterior and traditional architectural details. On-site surface parking, building and monument signage opportunities, and access from E 8th Street are additional property features.
Key Highlights
- 1,214 SF office suite at 2101 E 8th Street, Suite 3
- Multiple private offices, open work areas, and smaller ancillary rooms
- Front and rear building access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,983
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,660
$319.7K
Cap Rate 7%
$228,329
$228.3K
Cap Rate 9%
$177,589
$177.6K
Market Conditions
NOI Build-Up for 1,214 SF
Gross rent
$23.6K $19.44/SF
− Vacancy
−$2.3K −$1.89/SF
EGI
$21.3K $17.55/SF
− OpEx
−$5.3K −$4.39/SF
NOI
$16.0K $13.17/SF
Area
Madison County, IN
Vacancy
9.70%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,660
Cap Rate 7%
$228,329
Cap Rate 9%
$177,589
Alternative Uses
Best Use
Office B
$228.3K
$199.8K – $266.4K
NOI $15,983 @ 7.0% cap · market cap 88,794.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$279.8K
$244.8K – $326.5K
NOI $19,587 @ 7.0% cap · market cap 108,816.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 46012, IN
19,108
Population
9,659
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
32.0 sq mi
ZIP Area
597
Density / Sq Mi
$58,538
Median Household Income
$36,017
Median Earnings
$982
Median Rent
$149,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The floor plan brings together enclosed offices, shared work areas, and smaller rooms for storage or additional workspace.
Where is this office unit located?
The property is located at 2101 E 8th Street #3 Anderson, IN.
What are key features of this property?
This property features: 1,214 SF office suite at 2101 E 8th Street, Suite 3; Multiple private offices, open work areas, and smaller ancillary rooms; Front and rear building access
