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    1752 W High St Piqua, OH 45356

    View on Map
    Sponsored
    For Sale
    $589,900

    COMMERCIAL - Piqua, OH

    Property size:
    5,898 SF
    Lot size:
    1.00 Acre
    Days on Market:
    31
    Last Refresh:
    Mar 12 at 6:06 pm

    Property Features for 1752 W High St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Window features
    Window Coverings
    APN
    N44073600
    Parking
    41
    Parking features
    Parking Lot
    Interior features
    Walk-In Closet(s), Attic
    Basement
    Full, Finished
    Appliances
    Gas Water Heater
    Size
    5,898 SF
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1990
    Building materials
    Brick

    We can help!

    Listing Contact
    Mike Seagraves

    RE/MAX Alliance Realty (937) 415-2791

    Listing agent Mike Seagraves (937) 898-4400

    Listing date Feb 9, 2026

    MLS# 1043004

    Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Commercial Property in Piqua

    This commercial property, originally built in 1990, offers flexibility for various uses. Situated on 2 acres, the property allows for future building expansion or a separate business use, subject to city zoning and re-survey. A private drive leads to the rear of the property, creating a campus-style setting with 14 parking spaces in the back and 28 spaces in the front. The brick exterior is well maintained and features a built-in filing system. With multiple access points and two staircases, the layout suits professional, medical, administrative, or multi-department operations. The main level, spanning 2,949 square feet, includes a reception area, seven examination rooms, three private offices, three workstations, and two half baths. The fully finished lower level, also 2,949 square feet, features a large open area (54' x 24'), three open workspaces, five private offices, and a 22' x 14' conference room with kitchenette, plus a full bath. Additional features include two furnace rooms, a utility room with washer/dryer hookups and utility sink, and a floor-to-ceiling filing system. A second floor provides approximately 244 square feet of bonus space with attic access. Mechanical updates include a new roof in 2019, two A/C units replaced in August and September 2024, an auxiliary attic system replaced in 2022, and two furnaces replaced in November 2024 and January 2025. The property is located in Piqua, OH. It is suitable for a medical facility, professional offices, educational use, administrative headquarters, or a multi-tenant concept.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Upper Valley Internal ... Medical Clinic Priya Patel, FNP Physician Huff Nicki Employment Agency Ronal Manis Jr., ... Physician Kimberly Shroyer, FNP Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Piqua
    County
    Miami
    State
    Ohio
    Longitude
    -84.273914
    Latitude
    40.14816

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    FAQs

    What type of property is this?
    Medical Office Space - Adaptable commercial property with expansion potential on 2 acres.
    Where is this medical office space located?
    The property is located at 1752 W High St Piqua, OH.
    What is the asking price?
    The asking price for this property is $589,900.
    What are key features of this property?
    This property features: - Exceptional Expansion Potential: Situated on 2 acres with a substantial portion available for future building expansion.; - Flexible Layout: Multiple access points and a versatile floor plan suitable for various operations.; - Extensive Recent Mechanical Updates: New roof (2019), two new A/C units (2024), and two new furnaces (2024 & 2025).
    (937) 603-7583
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    1752 W High St Piqua, OH 45356
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1752 W High St Piqua, OH 45356
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    We can help!
    Listing Contact
    Mike Seagraves
    Real Estate License ID: RB22001173
    (937) 603-7583 (937) 898-4400
    Learn more
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