Property profile

1015 3rd St Columbus, IN 47201

OFF-MARKET
Office Spaces
Property ID
US31-1899892
15,500 SF 0.71 ac lot Built 1959
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional two-level office building, located in Bartholomew County's premiere business district, offers a total of 10,152 square feet of versatile space. The building is comprised of six suites, with flexible options ranging from a minimum of 1,000 square feet to a maximum contiguous space of 9,100 square feet. Each floor encompasses approximately 5,074 square feet, providing ample room for various business needs. The largest available space, at 9,100 square feet, features a 40% private office configuration, ideal for companies seeking a blend of open and private work areas. Parking is exceptionally convenient, with 71 spaces available, providing a generous ratio of five parking spaces per 1,000 square feet of leased space. Enhance your business's visibility with prominent signage opportunities on both 3rd and 2nd Streets. The property also boasts a desirable outdoor patio area, offering a refreshing break from the workday. The building sits on a 0.28-acre lot and is situated between 2nd and 3rd Streets, providing excellent access and visibility. This is a rare opportunity to secure prime office space in a highly sought-after location.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1959
Construction WOOD
Total area 15,500 SF
Lot 0.71 ac (30,928 SF)
APN 03-95-25-110-000.200-005
UPID US31-1899892

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Financial Advisor
  • Law Firm Financial Advisor
  • Law Firm
  • Real Estate Agency

Location

1015 3rd St Columbus, IN 47201-6885
Columbus metro Census 10100 COLUMBUS, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1015 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message