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Property profile & analytics
OFF-MARKET
Medical Office Space

2914 State Rd 44 Shelbyville, IN 46176-9287

3,263 SF 1 ac lot Built 1972
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-1877901
Property summary
AI-generated overview

This exceptional 3,263 square foot office building, situated on a one-acre lot at 2914 E State Road 44 in Shelbyville, Indiana, presents a unique investment opportunity. Currently configured as a veterinary clinic, this property boasts a highly desirable location with excellent visibility and accessibility. Its proximity to Interstate 74 (just over 1200 feet away) ensures high traffic volume, with a daily count exceeding 8,000 vehicles. The building features a convenient blacktop driveway and ample parking. The interior comprises multiple office spaces, perfectly suited for a variety of uses. The existing zoning, Business Highway (BH), allows for a seamless transition to other medical practices, pet-related businesses such as a dog daycare or grooming facility, or even conversion for personal use after suitable remodeling. The property's size, location, and existing infrastructure make it an ideal choice for entrepreneurs and investors seeking a turnkey solution or a blank canvas for their business vision. The building's history as a veterinary clinic provides a solid foundation for continued success in a similar field or a fresh start for a new venture. This is a rare opportunity to acquire a well-positioned commercial property in a thriving community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Construction WOOD
Total area 3,263 SF
Lot 1 ac (43,560 SF)
APN 73-07-34-300-013.000-002
UPID US31-1877901
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Akmi Holdings LLC · 1 yrs held
Akmi Holdings LLC
since 2025
2 recorded transactions
2025
Price N/A
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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