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Property profile & analytics
OFF-MARKET
Office Spaces

9729-31 Prairie Ave Highland, IN 46322

0.88 ac lot Built 1988
Property ID
Property summary
AI-generated overview

This exceptional turnkey medical office condo presents a fantastic investment opportunity in the thriving Highland, Indiana market. Located at 9729-31 Prairie Avenue, Unit G/H, this property boasts a generous 0.88-acre lot and offers 5 fully equipped exam rooms, perfectly suited for a variety of medical practices. The layout also includes a dedicated lab, ensuring efficient workflow, along with two separate offices providing ample space for administrative tasks or consultations. Two reception areas and a comfortable waiting room create a welcoming environment for patients. A convenient break room is also included for staff. The property benefits from a recently updated furnace and hot water heater, minimizing maintenance concerns. The condo association fee is $650 per quarter per unit. This ready-to-occupy space eliminates the need for extensive renovations, allowing for immediate commencement of operations. The strategic location and comprehensive amenities make this a highly desirable property for medical professionals seeking a well-established and functional workspace. This is a rare opportunity to acquire a fully operational medical office in a prime location, ready for immediate occupancy. The property is priced at $425,000.

Property profile
Verified
Property type Office Spaces
Year built 1988
Lot 0.88 ac (38,333 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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