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8450 N Payne Rd - New Hope of Indiana 81,874 SF Health Care Building Offered For Sale in Indianapolis, IN 46268

Investment Highlights
- Presently zoned CS
- Private outdoor garden patios and meditation walking path
- Large meeting/congregating spaces
Executive Summary
The property is offered for sale featuring 30,888 square feet across Suites 100 and 200, including a 25,376-square-foot inpatient center and 5,512 square feet of office space, situated on 14.19 acres with future expansion potential. Formerly operated as a hospice facility, the asset is well-suited for behavioral health, post-acute, or assisted living uses and includes 25 bedrooms with private lavatories and sinks, with the ability to increase the bedroom count. Additional features include large meeting and congregating areas, private outdoor garden patios, and a meditation walking path. The site is currently zoned CS.
Property Facts
| Sale Type | Investment | Building Size | 81,874 SF |
| Property Type | Health Care | No. Beds | 25 |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1976/2001 |
| Lot Size | 14.19 AC | Parking Ratio | 1.53/1,000 SF |
| Zoning | CS - Commercial - Tax Exempt | ||
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 14.19 AC |
| Building Size | 81,874 SF |
| No. Beds | 25 |
| No. Stories | 1 |
| Year Built/Renovated | 1976/2001 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | CS - Commercial - Tax Exempt |
Amenities
- Wheelchair Accessible
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 49-03-19-123-019.000-600 | Improvements Assessment | $11,198,418 CAD |
| Land Assessment | $3,767,437 CAD | Total Assessment | $14,965,855 CAD |
Property Taxes
Parcel Number
49-03-19-123-019.000-600
Land Assessment
$3,767,437 CAD
Improvements Assessment
$11,198,418 CAD
Total Assessment
$14,965,855 CAD
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8450 N Payne Rd - New Hope of Indiana
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