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925 Nebraska St Marion, IN 46953-1874

OFF-MARKET Medical Office Space Google Maps
8,234 SF 0.58 ac lot Built 1950
Entity Owned ~ Est. High Equity
Estimated value (blended)
$300k
Range $270k – $330k (±10%)
Property ID US31-1679125

Property summary

AI-generated overview

This exceptional two-story medical building, located at 925 S Nebraska Street in Marion, Indiana, presents a unique opportunity for healthcare professionals or investors. The 0.81-acre property currently operates as the Marion Health Center and features 14 spacious exam rooms, a dedicated training room, and ample administrative space. The building boasts two welcoming lobbies, five strategically placed bathrooms, multiple private offices, a large reception area, a small kitchen, and a substantial storage room. Ample parking is available for staff and patients. The building's prime location on a high-traffic main road ensures excellent visibility and accessibility, making it an ideal location for a thriving medical practice. The well-maintained structure offers a comfortable and professional environment, with infrastructure specifically designed to accommodate medical practices. Its convenient access to major transportation routes guarantees easy access for patients and staff while maximizing exposure. The asking price is $240,000. This property is ready for immediate occupancy and represents a compelling investment opportunity.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Construction TYPE NOT SPECIFIED
Total area 8,234 SF
Lot 0.58 ac (25,344 SF)
APN 27-07-06-403-181.000-002
UPID US31-1679125

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

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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