Chiropractic Medical Office
808 S Berkley Rd Kokomo, IN 46901
For Sale
Contact for pricing
Reception, a large waiting room, and six private exam rooms support chiropractic and medical office use.
Property Size3,060 SF
Price / SF$91.47
Days on Market22
Property Features for 808 S Berkley Rd
General Information
Standard status
Active
Size
3,060 SF
Property subtype
OFFICE
Listing Agency:
NAI Cressy Commercial Real Estate - Corporate
(317) 566-5611
Listed By:
Anna Konrath
(317) 566-5611
Source:
Moodyscre
Added: Jul 8
Changed: Jul 26
Last Checked: Jul 28 at 4:26PM
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 NAI Cressy Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
This chiropractic/medical office space is configured with a reception area, a large waiting room, and six private exam rooms, providing dedicated treatment areas within a compact office setting.
The property is listed for sale and totals 3,060 square feet.
The interior layout is designed around patient flow from the reception and waiting area into multiple private exam rooms.
The property is listed for sale and totals 3,060 square feet.
The interior layout is designed around patient flow from the reception and waiting area into multiple private exam rooms.
Key Highlights
- Chiropractic/medical office layout with reception and patient waiting area
- Large waiting room for patients and visitors
- 6 private exam rooms for clinical appointments
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.0k | $5.88 |
| − Vacancy | −$1.3k | −$0.43 |
| EGI | $16.7k | $5.45 |
| − OpEx | −$6.7k | −$2.18 |
| NOI | $10.0k | $3.27 |
3,060 SF · lease $5.88/SF/yr · vacancy 7.30% · expense 40.00%
Alternative Uses
Best Use
Office B
$448.5K
$392.5K – $523.3K
NOI $31,396 @ 7.0% cap · market cap 11.22%
Second Best
Healthcare Medical
$143.0K
$125.1K – $166.8K
NOI $10,008 @ 7.0% cap · market cap 3.58%
Theoretical Best
Warehouse
$2.41M
$2.11M – $2.81M
NOI $168,682 @ 7.0% cap · market cap 60.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Jefferson Road Animal Hospital — 2605 W Jefferson St, Kokomo, IN 46901
- Swart Corey DVM — 2605 W Jefferson St, Kokomo, IN 46901
Frequently Asked Questions
What type of property is this?
Medical Office Space - Reception, a large waiting room, and six private exam rooms support chiropractic and medical office use.
Where is this medical office space located?
The property is located at 808 S Berkley Rd Kokomo, IN.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Chiropractic/medical office layout with reception and patient waiting area; Large waiting room for patients and visitors; 6 private exam rooms for clinical appointments
