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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2110 State Highway 7 North Vernon, IN 47265

21,800 SF Built 1983
Property ID
Property summary
AI-generated overview

This exceptional 9,229-square-foot medical office space presents a prime opportunity in North Vernon, Indiana. Located at 2110 State Hwy 7, this Class A property boasts a highly visible location at the intersection of State Road 3 and State Road 7, ensuring significant traffic exposure. The building, constructed in 1983 and extensively renovated in 2021, offers a modern, "vanilla box" interior ready for build-to-suit improvements. Adjacent to a newly renovated 12,000 square-foot Dollar Tree and other medical offices, this single-tenant space benefits from a shared 160-space parking lot. The property features a new storefront and excellent signage visibility from both SR 7 and SR 3. The total building encompasses 21,800 square feet, with the available space representing a significant portion. Property taxes are $0.48 per square foot. The zoning is commercial, and the APN is 40-09-28-300-063.000-004. The landlord is open to negotiating tenant improvement allowances for long-term leases, subject to usage approval. This is an ideal location for medical practices seeking high visibility and convenient access. The property is located in Jennings County, Indiana, zip code 47265.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1983
Total area 21,800 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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