Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    400 Oak St Winchester, IN 47394-2225

    • Medical offices
    • 6,000 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 05, 2025
    Location Intelligence
    Property ID
    US31-1199516
    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.

    Current Use by Public Records

    • Medical offices

    Property Details for 400 Oak St

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.33 lot acres
    Property size
    6,000 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    68-09-21-331-082.000-021
    APU
    680921331082000021

    Description

    This exceptional investment opportunity presents a beautifully renovated 3,000-square-foot office building in Winchester, Indiana. Located at 400 S Oak St, 47394, this single-story property boasts a prime location with high visibility near US Highway 27 and ample parking. The building features a gross lease with a corporate guarantee, ensuring a secure and stable income stream. The current lease term is 10 years, with a remaining term of 10 years, providing long-term financial stability. The property is currently 100% occupied, with an occupancy date of September 30, 2024. Completely renovated in 2024, this versatile space is suitable for various office uses, including executive, medical, and traditional office settings. The building offers a compelling 8.00% capitalization rate, making it an attractive investment for discerning buyers. This is a single-unit property with a strong tenant profile and a significant remaining lease term, promising consistent returns. The property's excellent location and recent renovations combine to create a truly exceptional investment opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Randolph
    State
    Indiana
    Longitude
    -84.9737
    Latitude
    40.1692

    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
    $0.00
    $21,700
    $93,500
    $115,200
    -
    $21,700
    $93,500
    $115,200

    Comparable in this City

    • Value Estimation by Request
      810 SF

      729 Washington St

      MEDICAL BUILDING • 810 SF
      729 Washington St, Winchester, IN 47394-1424
      View Details
    • Value Estimation
      $315,000
      2,109 SF

      871 Washington St

      MEDICAL BUILDING • 2,109 SF
      871 Washington St, Winchester, IN 47394-9220
      View Details
    • Value Estimation
      $285,000
      1,512 SF

      310 Oak St

      MEDICAL BUILDING • 1,512 SF
      310 Oak St, Winchester, IN 47394-2236
      View Details
    • Value Estimation by Request
      26,804 SF

      409 Greenville Ave

      MEDICAL BUILDING • 26,804 SF
      409 Greenville Ave, Winchester, IN 47394-9464
      View Details
    • Value Estimation
      $360,000
      17,590 SF

      386 Symmes Ctr Dr

      MEDICAL BUILDING • 17,590 SF
      386 Symmes Ctr Dr, Winchester, IN 47394-9401
      View Details
    • Value Estimation
      $265,000
      2,623 SF

      882 Greenville Ave

      MEDICAL BUILDING • 2,623 SF
      882 Greenville Ave, Winchester, IN 47394-9293
      View Details

    Similar Nearby for Sale

    • $299,900
      4.07 Acres

      Winchester Processing Plant - 4 Acres

      Turn-key meat processing facility, 4 acres.
      1625 300, Winchester, IN 47394
      View Details
    • $999,000
      3,100 SF

      Winchester Retail Investment Opportunity

      High-traffic, multi-tenant retail building.
      620 Washington St, Winchester, IN 47394
      View Details
    • $35,000
      0.36 Acres

      Winchester Golf Course Building Lot

      Residential land on Winchester Golf Course, Randolph County, Indiana.
      1033 S Huntsville Rd, Winchester, IN 47394
      View Details
    • $364,900
      3.44 Acres

      Winchester Commercial Land For Sale

      3.44 acre commercial land parcel in Winchester, Indiana.
      Tbd Symmes Ctr Dr, Winchester, IN 47394
      View Details
    • Contact for pricing
      Pending

      Productive Tillable Land For Sale

      194 acres of prime agricultural land in Randolph County, Indiana.
      500 N & 300 W, Winchester, IN 47394
      View Details
    • $289,900
      0.08 Acres

      Winchester Commercial Building Opportunity

      Prime Downtown Location, Versatile Space
      103 East St, Winchester, IN 47394
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      1,300 SF

      Winchester Office or Retail Space

      High-traffic location with offices, lobby, and showcase windows.
      957 E Washington St, Winchester, IN 47394
      View Details
    • $10 SF/Yr
      5,400 SF

      Winchester Office Space Available

      Prime location, flexible suites, recent renovation.
      221 Main St, Winchester, IN 47394
      View Details
    • $950 /Mo
      7,475 SF

      Downtown Winchester Office Building

      Office building with customizable space in downtown Winchester, Indiana.
      108 S Meridian St, Winchester, IN 47394
      View Details
    • $2,104,760

      Taco Bell NNN Lease Property

      Long-term NNN-leased Taco Bell in Winchester, Indiana.
      951 E Greenville Pike, Winchester, IN 47394
      View Details
    • $650 /Mo
      15,246 SF

      Winchester Parking Lot For Lease

      Convenient parking lot for lease near established businesses in Winchester.
      302 N Main St, Winchester, IN 47394
      View Details
    • $6 SF/Yr
      5,612 SF

      Retail Space on Highway 32

      Highly visible retail space in Winchester on Highway 32.
      918 E Washington St, Winchester, IN 47394
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400 Oak St
    Winchester, IN 47394-2225
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.