11481 Olio Rd, Fishers, IN 46037
- Medical Office Space
- 5,148 SF
- 1.29 lot acres
Current Use by Public Records
- Indiana Vein & Laser Center: Marcus A. Jimenez MD, FACS / Physician / Hospital
- Makris Cataract Center / Medical Clinic / Ophthalmologist
- The Medical Spa / Indiana Vein and Laser Center / Spa & Massage Center / Alternative Medicine Practice
Property Details for 11481 Olio Rd
- Year built
- 2012
- Construction
- WOOD
- Lot size
- 1.29 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 29-15-01-021-002.000-020
- APU
- 291501021002000020
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 20, 2019 | — | Cardinal Prop Assocs LLC | — | Deed · related | $2M · First Source Bk |
| Nov 28, 2011 | — | Cardinal Property Assocs LLC | — | Trustees Deed · related | $1M · Star Financial Bank |
| Jun 2, 2008 | — | Cardinal Property Associates | Roudebush Hilltop INC | Warranty Deed | $750k · Tower Bank & Trust Co |
| — | — | Cardinal Prop Assocs LLC | — | Deed Of Trust · related | $2M · First Source Bk |
| — | — | Cardinald Property Assocs LLC | — | Deed Of Trust · related | $475k · Rural Housing & Community Dev |
| — | — | Cardinal Prop Assocs LLC | — | Deed Of Trust · related | $2M · First Source Bk |
| — | — | Cardinal Property Assocs LLC | — | Deed Of Trust · related | $575k · Star Financial Bank |
Description
This exceptional 5,114-square-foot medical office building presents a unique opportunity in the highly sought-after Fishers/Geist submarket of Indiana. Located at 11481 Olio Rd, Fishers, IN 46037, this single-tenant, Class A property boasts a desirable address with excellent visibility and accessibility. Built in 2012, the building sits on a spacious 1.59-acre lot and offers ample parking with 23 spaces. The property features a single story design, is zoned PUD-C & R, and is move-in ready. The building's versatile design makes it suitable for various medical office uses, as well as creative or traditional office configurations. With its convenient location and modern amenities, this property is ideal for businesses seeking a high-profile presence in a thriving community. The property's address is easily accessible from Olio Road & 113th Street, and benefits from a high volume of daily traffic (22,185 vehicles per day). The property includes no elevators. APN: 29-15-01-000-002.000-020 & 29-15-01-021-002.000-020. The entire 5,114 square feet is currently vacant.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $675,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $558,000
Market price range: $237k - $558k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $420,000 Current use
- RESTAURANT
- $1,010,000 Change: +139% Conversion: Difficult
- RETAIL STORES
- $575,000 Change: +36% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $435,000 Change: +3% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $435,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fishers
- County
- Hamilton
- State
- Indiana
- Longitude
- -85.9174
- Latitude
- 39.9558
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
