Hospital Campus Medical Building 50% Leased

272 Bielby Road, Lawrenceburg, IN

$1,200,000

Price

7.24%

Cap Rate

9,800 sqft

Building Size

Overview
Cap Rate
7.24%
Building Size
9,800 sqft
Lot Area
3.73 acres
Occupancy
50%
Units
2
Zoning
MS
Floors
2
Description

The property is located in primary medical district of Greensburg along Bielby Road, also known State Road 48, northwest of downtown Lawrenceburg. Improvements to the site include a two-level detached, Class D wood framed structure with a brick veneer over a poured concrete lower level. The subject lot has all of the typical utilities of city water, city sewer, electricity, and natural gas. There is an asphalt parking lot for tenant and patron use with tower lighting. The property is being used as a medical arts building. The upper level interior is unfinished and ready to accept tenant improvements. 


The subject is located in Lawrenceburg, Indiana in Dearborn County. Lawrenceburg, the county seat, is located in the southeast quadrant of the county on the Ohio River west of Cincinnati. The Lawrenceburg area includes the City of Lawrenceburg, the adjacent City of Aurora, the incorporated Village of Greendale, and the surrounding unincorporated areas. This area is approximately 15 miles west of Cincinnati, OH and approximately 95 miles southeast of Indianapolis, IN, the state capital of Indiana.


The existing zoning for the existing improvements is MS, Medical Services. This is a business zoning ordinance that is administered by the City of Lawrenceburg. 


Location
Gallery