Property profile

2116 Park Ave Alexandria, IN 46001

OFF-MARKET
Medical Office Space
Property ID
US31-1403839
6,380 SF 0.61 ac lot Built 1998
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 6,380 SF
Lot 0.61 ac (26,572 SF)
APN 48-06-30-300-096.000-022
UPID US31-1403839

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
  • Medical Laboratory
  • Pediatrician Physician
  • Physician
  • Physician
  • Pediatrician Physician

Location

2116 Park Ave Alexandria, IN 46001-8048
Alexandria metro Census 10500 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$676k
Blend (final) Blend
$730k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $610,000 +34.6%
Retail stores $605,000 +33.5%
Auto repair, garage $535,000 +18.7%

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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