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Property profile & analytics
OFF-MARKET
Retail space

500 Saraina Rd 504 Shelbyville, IN 46176-1892

3,600 SF 0.73 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US31-1699458
Property summary
AI-generated overview

This exceptional medical office building, located at 500-504 Saraina Rd in Shelby County, presents a fantastic opportunity for healthcare professionals. The property boasts a total of 3,600 square feet, divided into three individual suites, offering flexibility for various medical practices or a single large tenant. Currently, one suite of 2,000 square feet is immediately available, providing ample space for expansion or relocation. The building is zoned for Commercial Retail and Office use, ensuring versatility and potential for future development. The multiple-tenancy structure allows for a diverse range of medical services to coexist, creating a synergistic environment. This prime location in Shelby County offers excellent visibility and accessibility, making it an ideal choice for attracting patients and establishing a thriving medical practice. The building's layout is designed to accommodate the specific needs of medical offices, with ample space for examination rooms, waiting areas, and administrative offices. This is a rare opportunity to acquire a well-maintained and strategically located medical office building in a high-demand area. Serious inquiries are encouraged to explore this exceptional property further. Don't miss out on this chance to secure your ideal medical office space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction WOOD
Total area 3,600 SF
Lot 0.73 ac (31,799 SF)
APN 73-11-04-100-139.000-002
UPID US31-1699458
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
  • P.A.S. S. ~ Packaging & Shipping Specialists Courier Service Postal Service
  • P.A.S.S. Shipping Company Freight Service
  • Bowers Property Group, Llc Real Estate Agency
  • TLA Cleaning LLC (Bike/Boat/Book/etc) Store
  • UPS Authorized Shipping Outlet Courier Service Postal Service
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
Saraina Road LLC · 4 yrs held
Saraina Road LLC
since 2021
Last sale
$365,000
3 recorded transactions
2021
$365,000
2016
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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