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Property profile & analytics
OFF-MARKET Estimated value $300,000
Medical Office Space

1555 Cline Ave Griffith, IN 46319-1567

3,809 SF 2.02 ac lot Built 2003
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US31-0720857
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2003
Construction WOOD
Total area 3,809 SF
Lot 2.02 ac (88,122 SF)
Zoning code R3
APN 45-07-26-102-016.000-006
UPID US31-0720857
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
  • Rikin Patel Dental Office
  • Dr. Herb Yekel Dental Office
  • The Art of Dentistry PC Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k
Owner & transaction history
Condor Investments LLC · 6 yrs held
Condor Investments LLC
since 2020
5 recorded transactions
2020
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R3 · Griffith, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

feet and located in the rear yard of an R1, R2, R3 or R4 zoned lot shall not be counted as an accessory structure or building, and subsequent structures of any size shall be considered accessory. All sheds, playhouses, dog houses, etc. in any zoning district, except R1, R2, R3 and R4, shall be considered accessory and require approval of a site plan by the p…

Zone name Single And Two Family Residence
General category RESIDENTIAL
Zone area 50.23 ac
Source code of ordinances
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