1463 W Westridge Pkwy Greensburg, IN 47240
- Medical offices
- 10,562 SF
- 0.78 lot acres
Current Use by Public Records
- Medical offices
Property Details for 1463 W Westridge Pkwy
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 0.78 lot acres
- Property size
- 10,562 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 16-06-34-430-007.000-016
- APU
- 160634430007000016
Description
This exceptional 5,500 square foot office building at 1463 W Westridge Parkway in Greensburg, Indiana, presents a unique opportunity for a variety of businesses. The property features a convenient covered entrance, leading into a spacious reception area complete with a public restroom and two reception windows. A divided wall offers privacy for workstations within the large main office space, ideal for administrative tasks, billing, or file management. Adjacent to this area is another sizable workspace, suitable for medical staff or use as a conference room. A separate kitchen and lounge area provides a comfortable break space for employees. The building boasts eleven individual exam or office spaces, along with a lab room that could easily be converted into additional storage. A large, open area is perfect for physical therapy or other activity-based uses. Ample client parking is available. The property's layout is highly adaptable, and the owner will consider dividing the space to accommodate multiple tenants. Floor plans are available upon request. This property is ideally suited for medical practices, dental offices, or businesses requiring multiple office spaces.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,270,000
- 6.5%
- $1,315,000
- 7%
- $1,165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,200,000
- Geo Method
- $1,140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,440,000
- Retail
- $1,445,000
- Mixed-Use
- $1,050,000
- Hospitality
- $1,310,000
- Educational
- $1,380,000
- Residential Income
- $1,450,000
- Energy
- $1,380,000
- Income-Based Land
- $1,225,000
- Food Service
- $1,090,000
Location Insight
- Map
- Local Demand
- City
- Greensburg
- County
- Decatur
- State
- Indiana
- Longitude
- -85.5051
- Latitude
- 39.3538
- CBSA code
- 24700
- CBSA name
- GREENSBURG, IN MICROPOLITAN STATISTICAL AREA
