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Property profile & analytics
OFF-MARKET
Office Spaces

1300 Main St Danville, IN 46122-1983

4,740 SF 0.46 ac lot Built 1976
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0692807
Property summary
AI-generated overview

This exceptional 4,740 square foot office building presents a compelling investment opportunity in Danville, Indiana. Strategically located on a high-traffic corner of East Main Street, this property boasts excellent visibility and accessibility. The 0.46-acre lot provides ample parking for tenants and clients, with over 20 spaces available. Currently fully leased to three established businesses—a medical practice, a general office, and a veterinary clinic—this multi-tenant building offers immediate cash flow and stable occupancy. The building is well-maintained and benefits from a Local Business zoning designation. The diverse tenant mix ensures a resilient income stream, making this an attractive proposition for investors seeking a strong return on investment. The high-traffic location and ample parking contribute to the property's desirability for tenants, ensuring long-term lease stability. This is a rare opportunity to acquire a fully leased, well-located commercial property in a thriving Indiana community. The building's size and layout are well-suited to a variety of professional uses, offering flexibility for future tenants. The property's strong tenant base and prime location combine to create a compelling investment opportunity with significant potential for future growth. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1976
Construction WOOD
Total area 4,740 SF
Lot 0.46 ac (20,038 SF)
APN 32-11-02-384-008.000-003
UPID US31-0692807
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
Current use
Occupant on record · Public records
  • Michael A. Woolard, DC Alternative Medicine Practice
  • Olive Animal Hospital Veterinary Clinic
  • NuMedia Marketing Advertising Agency Marketing & Advertising
  • Spinal Logic Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Maw Investments LLC · 10 yrs held
Maw Investments LLC
since 2015
2 recorded transactions
2019
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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