1614 25th St Bedford, IN 47421-5000
Property Lookup
Property profile & analytics
1614 25th St Bedford, IN 47421-5000
- Medical Office Space
- 10,766 SF
Property ID
US31-2194167
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 1614 25th St
- Year built
- 1999
- Construction
- WOOD
- Property size
- 10,766 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 47-06-23-300-019.900-010
- APU
- 470623300019900010
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $470,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $953,000
Market price range: $469k - $1.28M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $935,000 Current use
- RESTAURANT
- $1,000,000 Change: +7% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $995,000 Change: +7% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $895,000 Change: -4% Conversion: Moderate
- RETAIL STORES
- $850,000 Change: -9% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $820,000 Change: -12% Conversion: Difficult
- WAREHOUSE, STORAGE
- $800,000 Change: -14% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $790,000 Change: -16% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Lawrence
- State
- Indiana
- Longitude
- -86.4937
- Latitude
- 38.8515
- CBSA code
- 13260
- CBSA name
- BEDFORD, IN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$53,016
$0.00
$1,083,000
$1,083,000
-
$0.00
$1,083,000
$1,083,000
