Healthcare-Configured Office
For Sale
$525,000
1-8407 Hayport Rd, Wheelersburg, OH 45694
Well-maintained building with reception area, six offices, and handicap-accessible entrances, plus detached garage and parking.
Property Size3,200 SF
Price / SF$164.06
Days on Market188
Property Features for 1-8407 Hayport Rd
General Information
Standard status
Active
Size
3,200 SF
Additional Details
Office Units
6
Taxes and HOA fees
Annual Taxes
$6,776
Listing Agency:
Euton Realty
Listed By:
Robyn Marsh
(740) 574-2519
Source:
Exprealty
Added: Apr 23
Changed: Oct 26
Last Checked: Oct 26 at 6:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Euton Realty
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Investment Insights
Based on property information with market context.
This building is currently operating as alternative nursing and health care and is reported to be in excellent condition. Inside, it offers a spacious reception area and a layout that includes a large foyer and multiple private rooms suitable for offices. The space is described as having six large office spaces, two half baths, and a break room. Practical systems and utilities include two Trane heat pumps/furnaces installed new in 2014, two hot water tanks, and separate gas and electric meters, along with two separate 100-amp breakers. Handicap accessibility is provided via a handicap entrance and an additional side handicap entrance.
The property includes an on-site detached garage with two storage units. The detached structure is described as 24'3 x 29'10, with storage room dimensions of 29'10 x 11'5 and 15' x 11'5 (plus a listed 1,214 sq. ft.). Exterior features include two AEP outside lights and plenty of on-site parking. The building is located at 1-8407 Hayport Rd, Wheelersburg, OH.
For tenants or operators, the existing office-room configuration supports a professional services layout, and the building is already set up so it can function as two separate offices. The combination of multiple rooms, handicap-accessible entries, and dedicated storage in the detached garage can be a strong fit for healthcare-adjacent uses that require privacy, reception, and manageable back-office space.
The property includes an on-site detached garage with two storage units. The detached structure is described as 24'3 x 29'10, with storage room dimensions of 29'10 x 11'5 and 15' x 11'5 (plus a listed 1,214 sq. ft.). Exterior features include two AEP outside lights and plenty of on-site parking. The building is located at 1-8407 Hayport Rd, Wheelersburg, OH.
For tenants or operators, the existing office-room configuration supports a professional services layout, and the building is already set up so it can function as two separate offices. The combination of multiple rooms, handicap-accessible entries, and dedicated storage in the detached garage can be a strong fit for healthcare-adjacent uses that require privacy, reception, and manageable back-office space.
Key Highlights
- Commercial building operating as alternative nursing and health care
- Spacious reception and six large office spaces, plus break room
- Foyer dimensions 15' x 21' and offices include 11' x 16'3 and 16'3 x 23, plus additional office sizes listed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,842
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,840
$516.8K
Cap Rate 7%
$369,171
$369.2K
Cap Rate 9%
$287,133
$287.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$51.1K $15.96/SF
− Vacancy
−$4.1K −$1.28/SF
EGI
$47.0K $14.68/SF
− OpEx
−$21.1K −$6.61/SF
NOI
$25.8K $8.08/SF
Area
Scioto County, OH
Vacancy
8.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,840
Cap Rate 7%
$369,171
Cap Rate 9%
$287,133
Alternative Uses
Best Use
Apartment 5plus
$369.2K
$323.0K – $430.7K
NOI $25,842 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$681.0K
$595.9K – $794.5K
NOI $47,669 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
6
Office units
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 45694, OH
11,783
Population
5,397
Households
2.2
Avg Household Size
43
Median Age
24%
College-Educated
93%
High-School Grad
67.9 sq mi
ZIP Area
174
Density / Sq Mi
$64,482
Median Household Income
$40,689
Median Earnings
$784
Median Rent
$197,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Well-maintained building with reception area, six offices, and handicap-accessible entrances, plus detached garage and parking.
Where is this assisted living facility located?
The property is located at 1-8407 Hayport Rd Wheelersburg, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Commercial building operating as alternative nursing and health care; Spacious reception and six large office spaces, plus break room; Foyer dimensions 15' x 21' and offices include 11' x 16'3 and 16'3 x 23, plus additional office sizes listed
