Property summary
This exceptional 3,795 square foot medical office building, located at 202 S West St, Tipton, IN 46072, is offered for sale at $680,000. The property boasts a 7.53% capitalization rate and a strong net operating income (NOI) of $51,232, supported by a 100% occupancy rate. Built in 1949 and extensively renovated in 2023, this single-story building sits on a 0.36-acre lot and includes 10 parking spaces. The property is zoned for commercial use and features a single tenant, Community Howard… Regional Health, a part of Community Health Network, operating a Community Fairbanks Clinic providing behavioral health services. This clinic offers individual and family therapy, group therapy for substance use and mental health, case management, psychiatric medication services, and medication-assisted therapy. The building's prime location in Tipton, easily accessible from US-31 and SR-28, ensures high visibility and convenient access for patients and staff. Its proximity to Indianapolis, Kokomo, and Anderson further enhances its appeal. The current tenant recently completed significant renovations and expansion, demonstrating a long-term commitment to the location. The property's strong financial performance, coupled with its strategic location and stable tenancy, presents a compelling investment opportunity in the growing Tipton healthcare market. The APN is 80-11-11-546-068.010-002.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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