Property profile

1827 Madison Ave Anderson, IN 46011

OFF-MARKET
Medical Office Space
Property ID
US31-0502753
4,064 SF 0.64 ac lot Built 1972
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Construction WOOD
Total area 4,064 SF
Lot 0.64 ac (27,791 SF)
APN 48-11-02-101-005.000-003
UPID US31-0502753

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hearing Aid Store Audiologist
  • Training Center Tutoring Service
  • Physician
  • Physician
  • Dental Office

Location

1827 Madison Ave Anderson, IN 46011-2166
Anderson metro Census 1500 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2015
1 recorded transaction
2015
$100,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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