Property profile

7376 Business Ctr Dr Avon, IN 46123

OFF-MARKET
Medical Office Space
Property ID
US31-0574292
6,000 SF 0.94 ac lot Built 2008
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A solid brick commercial building in Avon, Hendricks County, Indiana, designed for medical office use and configured as two separate units on a 0.94-acre lot. The building contains approximately 8,320 square feet, with the larger unit laid out as a two-level medical office and the smaller unit as a legal office. A crawlspace provides access for potential future layout modifications. The larger unit is served by four HVAC units, including a separate system for the second level, while the smaller unit has one HVAC unit. The larger unit includes four restrooms (one on the upper level) and the smaller unit has one restroom. The main level has a 9-foot ceiling height, and the upper area is primarily used for storage with potential for conversion to meeting space. A small kitchen area with cabinet storage and a dedicated laundry room are included. The dimensional roof was replaced in 2023, interior painting was completed in 2024, and LED lighting is installed.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Construction TYPE NOT SPECIFIED
Total area 6,000 SF
Lot 0.94 ac (40,946 SF)
APN 32-10-11-145-007.000-031
UPID US31-0574292

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 Clinic
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Physician
  • Law Firm

Location

7376 Business Ctr Dr Avon, IN 46123-8662
Avon metro Census 210614 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

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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