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    853 Norwalk Rd Norwalk, OH 44857

    Sponsored
    For Sale
    $229,900

    Doctors' office, 2269 sq ft, 0.75 acre lot

    Property size:
    2,269 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 853 S Norwalk Road in Norwalk, Ohio, presents a fantastic opportunity for a variety of businesses. Currently configured as a doctor's office, the building offers 2,269 square feet of well-appointed space on the main level. The layout includes a spacious waiting area, four examination rooms, a dedicated lab, a private office, a reception area, and two half bathrooms. This functional design is ideal for medical practices, but could easily be adapted to suit other professional office uses. The property also boasts a significant advantage with an unfinished lower level, adding an additional 1849 square feet of space with a separate exterior entrance. This expansive lower level presents considerable potential for expansion, storage, or even the creation of additional office space. The 0.75-acre lot provides ample parking and outdoor space. The building's convenient location just south of Norwalk ensures easy access for clients and employees. Priced at $229,900, this property offers a compelling combination of existing functionality and significant growth potential. Don't miss this chance to acquire a versatile and well-situated commercial building in a desirable location.

    Property Features for 853 Norwalk Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,269 SF
    Lot Size
    32,670 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Koehn Stephanie Nursing Agency

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Nail Salon Hotel & Motel Department Store Bar & Pub Garden Center Bakery Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Huron
    State
    Ohio
    Longitude
    -82.6216
    Latitude
    41.21548

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    FAQs

    What type of property is this?
    Office Property / Space - Doctors' office, 2269 sq ft, 0.75 acre lot
    Where is this office property / space located?
    The property is located at 853 Norwalk Rd Norwalk, OH.
    What is the asking price?
    The asking price for this property is $229,900.
    (419) 668-2585
    Request Owner's contact information
    853 Norwalk Rd Norwalk, OH 44857
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    Norwalk, OH 44857
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    Realmo Value Estimation

    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.

    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.

    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
    853 Norwalk Rd Norwalk, OH 44857
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