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    1909 Williamsburg Way NE Louisville, OH 44641

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    For Sale
    $1,900,000

    Long-term Aultman Health Foundation lease with extension options.

    Property size:
    11,448 SF

    Property Features for 1909 Williamsburg Way NE

    General Information

    Size
    11,448 SF

    Building Details

    Year built
    2002

    Source: Dan Spring, SIOR Agent Dan Spring, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building Investment

    This medical office building presents an investment opportunity with a long-term lease with Aultman Health Foundation. Originally built to suit for Aultman in 2002, the lease was recently extended through January 2033, with an option to extend until January 2043. The property is a single-tenant building with a NNN lease. The building is equipped with modern amenities and ample parking. The property is located on Williamsburg Way NW off of California Ave and Route 62, providing easy access to Louisville, Alliance, and Canton.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Stark
    State
    Ohio
    Longitude
    -81.2788497
    Latitude
    40.8500295

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    FAQs

    What type of property is this?
    Medical office - Long-term Aultman Health Foundation lease with extension options.
    Where is this medical office located?
    The property is located at 1909 Williamsburg Way NE Louisville, OH.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Long-term lease with Aultman Health Foundation provides stable cash flow.; - Lease extended through January 2033, with option to extend until January 2043.; - NNN Lease structure.
    (330) 497-6249
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    1909 Williamsburg Way NE Louisville, OH 44641
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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
    1909 Williamsburg Way NE Louisville, OH 44641
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