Professional Office Space

Office for Sale
Catylist Listing ID: 30138584
Property Subtypes: Office Building
Building Size (RSF): 3,056 SF
Gross Land Area: 1.02 Acres
Sale Price: $395,750
Unit Price: $129.50 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: Coronado
Class of Space: Class B
Usable Size (USF): 3,056 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2017

Overview / Comments

This is a great looking building just off of US Hwy 36. The property is next to the new LA fitness and the Fresh Thyme Market This property offers a large open area and 3 private offices surrounded in all brick exterior. The front and back parking lot is suitable for 20++ spaces. The garage in the back is used for extra storage.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $10,559 (Annual)
Tax Value Land $164,600
Tax Value Improvements $150,600
Assessed Value - Total($) $315,200 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $17,991 (Annual)
Tax Value Land $349,000
Tax Value Improvements $250,700
Assessed Value - Total($) $599,700 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $12,180 (Annual)
Tax Value Land $160,800
Tax Value Improvements $245,200
Assessed Value - Total($) $406,000 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $12,180 (Annual)
Tax Value Land $160,800
Tax Value Improvements $245,200
Assessed Value - Total($) $406,000 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $12,180 (Annual)
Tax Value Land $160,800
Tax Value Improvements $245,200
Assessed Value - Total($) $406,000 (Annual)

Additional Details

Nearest MSA: Indianapolis-Carmel
County: Marion
Tax ID/APN: 49-12-04-139-001.000-900
Zoning: C-1
Property Located Between: Ronald Reagan Parkway & I-465
Property Visibility: Excellent
Highway Access: The property set one parcel back from US Hwy 36. Coronado has direct access to US hwy 36.
Site Description: Large one acre site that touches US HWY 36. The property is located next to a large development that is added new tenants to the site.
Area Description: New Fresh Thyme Market and LA Fitness adjacent to the property. This is just down from the newly renovated Outback Steak house and McAllister
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,056 SF
Year Built: 1987
Roof Type: Gable
Construction/Siding: Brick, Wood Frame
Exterior Description: All Brick
Parking Ratio: 20 (per 1000 SF)
Parking Type: Surface
Parking Description: Front and Rear parking
Sprinklers: None
Heat Type: Natural Gas, Hot Water
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite, T1/T3
Interior Description: Mainly an open area. With 2 large private offices and a smaller office in the back next to the breakroon.
Zoning Description: C-1
Lot Frontage: 96
Lot Depth: 346
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: PT SW1/4 S4 T15 R2 BEG. 1625'E & 102.8' N OF SWCOR., N 255.2', E 319.5', S 96.3', W 202.5', S174.7', IRR W 123.3' TO BEG. 1.019AC

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,891 70,712 195,037
Median Age: 40.53 33.48 34.27
Households: 1,530 26,453 75,615
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