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Property profile & analytics
OFF-MARKET Estimated value $710,000
Medical Office Space

1614 25th St Bedford, IN 47421-5000

10,766 SF Built 1999
Individually Owned Free & Clear
Property ID
US31-2194167
Property summary
AI-generated overview

This exceptional Bedford, Indiana commercial property, located at 1614 25th St, 47421, presents a unique investment opportunity. The 1,712 square foot building, constructed in 1999, is a two-story structure encompassing three suites, all currently vacant. The property's versatile design caters to a variety of commercial uses, including medical offices, traditional office spaces, and creative office environments. Its multiple suite configuration offers flexibility for businesses of different sizes or those seeking to sublet portions of the space. The entire building is available for lease, providing a substantial footprint for a single tenant or the potential for multiple tenants. The property's location in Bedford, Indiana offers convenient access to local amenities and transportation routes. This is an ideal opportunity for businesses seeking a well-maintained, spacious, and adaptable commercial space in a thriving community. The property's classification as a medical office, traditional office, and creative office space allows for a wide range of potential uses, making it a highly attractive investment. The building's 1999 construction date suggests a relatively modern structure with potential for minimal immediate maintenance needs. The ample square footage and multiple suite layout provide significant potential for growth and expansion.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Construction WOOD
Total area 10,766 SF
APN 47-06-23-300-019.900-010
UPID US31-2194167
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
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
$954k
Blend (final) Blend
$710k
Owner & transaction history
GEORGE SORRELLS
GEORGE SORRELLS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.0M +7.1%
Auto repair, garage $995,000 +6.5%
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