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    11481 Olio Rd Fishers, IN 46037

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    11481 Olio Rd Fishers, IN 46037


    • Medical Office Space
    • 5,148 SF
    • 1.29 lot acres
    Off-Market
    Property ID
    US31-3429366
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $615,000
    Show details
    Cap Rate Potential
    8.9%
    Medical Office Space
    Location Intelligence

    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 size
    5,148 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    29-15-01-021-002.000-020
    APU
    291501021002000020

    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

    based on Realmo’s proprietary methodology
    • 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,766
    $619,200
    $662,100
    $1,281,300
    -
    $619,200
    $662,100
    $1,281,300
    More about this property
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