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Property profile & analytics
OFF-MARKET Estimated value $1,200,000
Medical Office Space

1463 Westridge Pkwy Greensburg, IN 47240-3265

10,562 SF 0.78 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US31-1529460
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2007
Construction WOOD
Total area 10,562 SF
Lot 0.78 ac (33,977 SF)
APN 16-06-34-430-007.000-016
UPID US31-1529460
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M
Owner & transaction history
Ssjp Conley Properties · 4 yrs held
Ssjp Conley Properties
since 2021
Last sale
$1.2M
1 recorded transaction
2021
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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