Technical
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Property profile

110 Sycamore St Elberfeld, IN 47613

OFF-MARKET
Medical Office Space
Property ID
US31-2181100
3,165 SF 0.18 ac lot Built 1963
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This medical office building in Elberfeld, Indiana (110 W Sycamore Street, Warrick County) was built for and was previously used as a private, Ascension-affiliated medical clinic. The interior layout includes two corridors, a sizable lobby with a glassed vestibule at the main entrance, and two additional entrances. The clinic-style configuration provides a reception area, administrative offices and/or labs, a break room with cabinetry and sink, multiple exam rooms each with cabinetry and sink, and a medical records room with sink, supported by three bathrooms and multiple mechanical and storage closets for operational flow. Exterior features include a generously sized parking lot, a driveway loop around the building to support convenient arrival and departure, and a lit sign at both the rear driveway and the main entrance for visibility. The building’s existing exam-room and clinical room setup supports healthcare-related uses such as family practice, vision, dental, physical therapy, occupational therapy, podiatry, chiropractic care, and speech or hearing therapy, and it can also accommodate other professional or community uses with reception and administrative space and multiple access points.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1963
Construction WOOD
Total area 3,165 SF
Lot 0.18 ac (7,841 SF)
APN 87-04-19-201-053.000-008
UPID US31-2181100

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
  • Physician

Location

110 Sycamore St Elberfeld, IN 47613-9303
Elberfeld metro Census 30200 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2020
Price N/A

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
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