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    500 Macready Ave Monroe, OH

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    For Sale
    $970,000

    6,036 SF building on 1.03 acre lot for sale.

    Property size:
    6,036 SF
    Lot size:
    1.30 Acres

    Property Features for 500 Macready Ave

    General Information

    Size
    6,036 SF
    Lot size
    1.30 Acres

    Source: Mark Fornes Realty Agent Jason Rudzinski

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

    Overview

    Office/Medical/Child Care Opportunity

    This is a 6,036 square foot brick building situated on a 1.03 acre lot. The property is zoned GC General Commercial and is suitable for office, medical, or child care use. The building features five restrooms and a sloped shingle roof. Security cameras are installed. The property is divisible to multitenant. It is available for sale or lease.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Dental Office Spa & Massage Hair Salon Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Butler
    State
    Ohio
    Longitude
    -84.3699767
    Latitude
    39.4486879

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    FAQs

    What type of property is this?
    Office building - 6,036 SF building on 1.03 acre lot for sale.
    Where is this office building located?
    The property is located at 500 Macready Ave Monroe, OH.
    What is the asking price?
    The asking price for this property is $970,000.
    What are key features of this property?
    This property features: - Excellent location on a +/- 1.03 acre lot.; - Versatile zoning (GC General Commercial) ideal for office, medical, or child care.; - Divisible to multitenant, offering flexible usage options.
    (937) 434-2000
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    Monroe, OH
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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
    500 Macready Ave Monroe, OH
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