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Property profile & analytics
OFF-MARKET Estimated value $795,000
Medical Office Space

1650 Oak St Zionsville, IN 46077-1962

33,232 SF 4.1 ac lot Built 1992
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1933542
Property summary
AI-generated overview

This exceptional medical office building in Zionsville, Indiana, offers multiple suites ranging from 2,156 to 3,415 square feet. Located at 1650 W Oak St, 46077, in Boone County, this property boasts a convenient location and ample amenities. The building features 45 parking spaces, a covered entrance, and is fully accessible, including gurney-sized elevators and handicapped-accessible restrooms on each floor. Individual climate control via HVAC systems ensures optimal comfort, while the flexible plumbing design allows for adaptable fixture placement. The first floor includes a comprehensive suite of ancillary services, benefiting tenants and patients alike. These services encompass two outpatient surgery suites, procedure rooms, exam rooms, a fully equipped laboratory, a dedicated physical therapy/work hardening area, and a state-of-the-art radiology department offering flat film, ultrasound, and mammography capabilities. This building is ideally suited for a variety of medical practices, offering a turnkey solution with immediate access to a wide range of support services. The building's strategic location and comprehensive amenities make it an exceptional opportunity for medical professionals seeking a thriving practice environment. Contact us today to learn more about available suites and lease terms.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1992
Construction WOOD
Total area 33,232 SF
Lot 4.1 ac (178,596 SF)
Zoning code ZO01
APN 06-04-03-000-025.004-006
UPID US31-1933542
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
  • ZIONSVILLE MEDICAL CENTER Medical Clinic
  • I University Health Physicians For Peds Physician
  • Methodist Medical Group Med Ofcs Physician
  • Dr. Kimberly R. Gatzimos, MD Physician
  • Haffner Terry MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$935k
Blend (final) Blend
$795k
Owner & transaction history
G&E HEALTHCARE REIT MEDICAL PORTFOLIO 3 LLC
G&E HEALTHCARE REIT MEDICAL PORTFOLIO 3 LLC
Zoning & alternative use
ZO01 · Zionsville, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source CHAPTER 194: ZONING
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