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Medical Condo with Exam Rooms
For Sale
$1,252,000

373 Meridian Parke Ln, Greenwood, IN 46142

Medical condo suite with 13 exam rooms, nurse stations, and separate waiting rooms for efficient patient flow.

Property Size15,437 SF
Days on Market75

Property Features for 373 Meridian Parke Ln

General Information

Standard status Active
Size 15,437 SF
Class C
Property subtype Office

Building Details

Building Size 15,437 SF
Year Built 1998
Listed By: Melissa Blackwell
Source: Tcnworldwide
Added: Jun 22 Changed: Sep 3 Last Checked: Sep 2 at 3:20PM

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 Melissa Blackwell

Investment Insights

Based on property information with market context.

Built in 1998, this meticulously maintained medical condo unit is designed for high-volume efficiency and patient comfort. The layout includes a shared lobby with two separate waiting rooms and private entrances. Inside, the space is comprehensively equipped with 13 exam rooms and two dedicated nurse stations, supported by four physician offices. Additional administrative space includes a large file room/reception area and a breakroom for staff convenience. A basement provides significant additional storage capacity.

The unit is located within a thriving development that includes retail, medical, and professional services. The property is described as benefiting from high visibility and excellent accessibility within the surrounding area.

For medical practices and service providers seeking a ready-to-operate facility, the configuration supports both clinical exam activity and day-to-day administration within a single, purpose-built suite. With private entrances, multiple exam rooms, nurse stations, and built-in staff and storage areas, the space can accommodate teams that need efficient patient processing alongside organized records and workspace.

Key Highlights

  • Built in 1998 medical condo unit originally occupied and well maintained
  • 13 exam rooms plus 2 dedicated nurse stations
  • Separate waiting rooms with shared lobby and private entrances

Property Analytics

Current Use

South Grove Eye ... Physician First American Title ... Title Company Fidelity National Title Title Company Kidd Pediatric: Kidd ... Pediatrician Kidd Pediatrics Pediatrician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Grocery & Convenience Store Catering Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

631
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46142, IN

32,052
Population
14,396
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,151
Density / Sq Mi
$85,611
Median Household Income
$47,831
Median Earnings
$1,122
Median Rent
$266,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical condo suite with 13 exam rooms, nurse stations, and separate waiting rooms for efficient patient flow.
Where is this medical office space located?
The property is located at 373 Meridian Parke Ln Greenwood, IN.
What is the asking price?
The asking price for this property is $1,252,000.
What are key features of this property?
This property features: Built in 1998 medical condo unit originally occupied and well maintained; 13 exam rooms plus 2 dedicated nurse stations; Separate waiting rooms with shared lobby and private entrances
More about this property
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