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    242 Westfield Rd Noblesville, IN 46060

    For Lease
    $35 SF/Yr

    Class A Office, 30,600 SF Available

    Lot size:
    30,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A executive office building, located at 242 Westfield Rd in Noblesville, Indiana, offers a total of 30,600 square feet of vacant space. Situated on a generous 6.5-acre lot in Hamilton County (zip code 46060), this multiple-tenancy property presents a unique opportunity for businesses seeking a prestigious location. The entire building is currently available, providing flexibility for a single large tenant or the potential for multiple smaller occupants. The building's design caters specifically to executive office needs, offering a high-quality and modern workspace. With its prime location in Noblesville, this property benefits from excellent accessibility and visibility. The address is easily accessible from major roadways, ensuring convenient commutes for employees and clients. The building's design incorporates features intended to foster a dynamic and collaborative work environment. The 30,600 square feet of available space allows for customization to meet the specific requirements of various businesses. This is an exceptional opportunity to secure a prominent presence in a thriving Noblesville business community. The property's size and location make it ideal for a variety of executive office uses. The ample lot size provides ample parking and potential for future expansion. This is a rare opportunity to acquire a fully vacant, Class A office building in a desirable location.

    Property Features for 242 Westfield Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,600 SF
    Class
    A
    Total Rate
    89250

    Unit(s) available at that property

    Space
    1st Floor
    Size
    10,200 SF
    Rate per SF
    $35
    Space
    3rd Floor
    Size
    10,200 SF
    Rate per SF
    $35
    Space
    2nd Floor
    Size
    10,200 SF
    Rate per SF
    $35

    HighLights

    • 30,600 SF of available office space.
    • 10,200 SF floor plates.
    • 6.5‑acre urban park.
    • On‑site multi‑family housing.
    • Nearby entertainment venues.
    • On‑site parking garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Noblesville
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0213401
    Latitude
    40.0472348

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 30,600 SF Available
    Where is this office property / space located?
    The property is located at 242 Westfield Rd Noblesville, IN.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 30,600 SF of available office space.; 10,200 SF floor plates.; 6.5-acre urban park.
    Request Owner's contact information
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    Noblesville, IN 46060
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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
    242 Westfield Rd Noblesville, IN 46060
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