Scatterfield Road Medical Clinic

Office for Sale
Catylist Listing ID: 30148607
Property Subtypes: Medical, Net Leased, Office Building
Building Size (RSF): 3,525 SF
Gross Land Area: 0.87 Acres
Sale Price: $895,000
Unit Price: $253.90 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

100% Leased Single Tenant Medical Office
Tenant pays 100% of the annual Operating Expenses and Tax Expenses (including: all building utilities,
building and grounds maintenance, insurance premiums, 3% management fee, and all federal, state,
county and local taxes and fees).
All brick building
Ample Parking
Great exposure on Scatterfield Road (25,839 vehicles per day)

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $8,280 (Annual)
Tax Value Land $32,700
Tax Value Improvements $243,300
Assessed Value - Total($) $276,000 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $7,866 (Annual)
Tax Value Land $32,700
Tax Value Improvements $229,500
Assessed Value - Total($) $262,200 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $12,402 (Annual)
Tax Value Land $39,300
Tax Value Improvements $374,100
Assessed Value - Total($) $413,400 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $12,402 (Annual)
Tax Value Land $39,300
Tax Value Improvements $374,100
Assessed Value - Total($) $413,400 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $13,089 (Annual)
Tax Value Land $39,300
Tax Value Improvements $397,000
Assessed Value - Total($) $436,300 (Annual)

Additional Details

Nearest MSA: Anderson
County: Madison
Tax ID/APN: 48-12-30-404-010.000-003
Site Description: Located near Hoosier Park Racing & Casino, Wal-Mart and many other businesses on Anderson's busiest business corridor.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1995
Legal Description: ROYAL ACRES 1ST 0.0000Acres STR: 00000 SECTION: PLAT: 00 IN: OUT:

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,753 40,242 73,899
Median Age: 39.99 39.22 39.35
Households: 2,779 17,412 30,565

Contact

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