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Waverly Professional Center 7845-7857 Waverly Rd

5,000 SF Office Building Martinsville, IN 46151 £781,110 (£156/SF)

Investment Highlights

  • Minutes south of Indianapolis and Greenwood
  • Conveniently located to Mooresville, Martinsville and Center Grove.
  • New Whiteland Rd overpass over I-69 goes directly to Property.
  • Waverly Park, a community staple, is located minutes away.

Executive Summary

Property is visible from and convenient to New I-69 Morgan Co. Also including in the sale is a 2,400 square foot building with self storage units. This space is for lease as well.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
1988
Price
£781,110
Price Per SF
£156
Tenancy
Single
Number of Floors
1
Typical Floor Size
5,000 SF
Building FAR
0.05
Land Acres
2.50 AC
Zoning
C3 - Commercial
Parking
45 Spaces (9 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,250-5,000 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

Space can be divided into 1,250, 2,500, 3,750 or 5,000 Sq. Ft. This space has previously been leased to a State Agency, I69 office, and Medical.

Space Size Space Use Condition Available
1st Floor 1,250-5,000 SF Office/Medical Full Build-Out 30 Days

1st Floor

Size
1,250-5,000 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 1,250-5,000 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

Space can be divided into 1,250, 2,500, 3,750 or 5,000 Sq. Ft. This space has previously been leased to a State Agency, I69 office, and Medical.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
733
4,052
19,551
2024 Population
820
4,264
20,487
Population Growth '20-'24
11.9%
5.2%
4.8%
2020 Households
285
1,490
7,021
2024 Households
319
1,570
7,353
Household Growth '20-'24
11.9%
5.4%
4.7%
Average Age
43
43
42
Median Household Income
$77,734
$83,255
$91,971
Daytime Employees
139
498
1,904
Total Businesses
12
76
267
College Degree + Higher
20%
32%
37%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55-06-25-100-001.000-011
Land Assessment
£53,573
Improvements Assessment
£210,190
Total Assessment
£263,763
  • Listing ID: 30766572

  • Date on Market: 25/01/2024

  • Last Updated:

  • Address: 7845-7857 Waverly Rd, Martinsville, IN 46151

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