500 Saraina Rd, Unit 504 Shelbyville, IN 46176-1892
- Retail space
- 3,600 SF
- 0.73 lot acres
Current Use by Public Records
- P.A.S. S. ~ Packaging & Shipping Specialists / Shipping And Mailing Service / Notary Public
- P.A.S.S. / Shipping Company
- Bowers Property Group, Llc / Real Estate Agency
- TLA Cleaning LLC / Cleaners
- UPS Authorized Shipping Outlet / Shipping And Mailing Service / Mailing Service
Property Details for 500 Saraina Rd
- Year built
- 2000
- Construction
- WOOD
- Lot size
- 0.73 lot acres
- Property size
- 3,600 SF
- Property type
- Retail space
- APN
- 73-11-04-100-139.000-002
- APU
- 731104100139000002
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $380,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $340,000
- Mixed-Use
- $420,000
- Hospitality
- $425,000
- Educational
- $330,000
- Residential Income
- $435,000
- Energy
- $365,000
- Income-Based Land
- $365,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Shelbyville
- County
- Shelby
- State
- Indiana
- Longitude
- -85.7526
- Latitude
- 39.5185
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
