Turn-Key Medical Office
7919-7927 Jessies Way Hamilton, OH 45011
For Sale
Contact for pricing
Turn-key medical suite featuring 9 wet exam rooms, 5 private offices, and a private suite entrance.
Property Size4,688 SF
Price / SF$126.92
Days on Market2319
Property Features for 7919-7927 Jessies Way
General Information
Standard status
Active
Size
4,688 SF
Property subtype
OFFICE
Listing Agency:
North Ridge Realty Group
(513) 623-6505
Listed By:
John Stretch · License #2008004113
(513) 623-6505
Source:
Moodyscre
Added: Mar 24, 2020
Changed: Jul 27
Last Checked: Jul 28 at 3:33PM
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 North Ridge Realty Group
Investment Insights
Based on property information with market context.
This turn-key medical office suite is approximately 4,688 square feet and includes 9 wet exam rooms and 5 private offices, designed for straightforward clinical use. The space is separately metered, offering clear operational separation.
The property provides user-friendly, private suite entrance and ample parking. Public remarks also note excellent visibility from Tylersville & By-Pass Rt. 4 and a large monument sign.
The layout supports both patient exam and private office workflow, with occupancy listed as beginning 2/1/20. Additionally, the listing states there is no earnings tax.
The property provides user-friendly, private suite entrance and ample parking. Public remarks also note excellent visibility from Tylersville & By-Pass Rt. 4 and a large monument sign.
The layout supports both patient exam and private office workflow, with occupancy listed as beginning 2/1/20. Additionally, the listing states there is no earnings tax.
Key Highlights
- Approximately 4,688 SF turn‑key medical suite built‑out
- 9 wet exam rooms plus 5 private offices
- Private suite entrance with user‑friendly, private access
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.2k | $20.52 |
| − Vacancy | −$25.0k | −$5.34 |
| EGI | $71.2k | $15.18 |
| − OpEx | −$17.8k | −$3.80 |
| NOI | $53.4k | $11.39 |
4,688 SF · lease $20.52/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$789.8K
$691.0K – $921.4K
NOI $55,283 @ 7.0% cap · market cap 9.29%
Second Best
Office B
$762.7K
$667.4K – $889.8K
NOI $53,390 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$926.9K
$811.1K – $1.08M
NOI $64,884 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Turn-key medical suite featuring 9 wet exam rooms, 5 private offices, and a private suite entrance.
Where is this medical office space located?
The property is located at 7919-7927 Jessies Way Hamilton, OH.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Approximately 4,688 SF turn‑key medical suite built‑out; 9 wet exam rooms plus 5 private offices; Private suite entrance with user‑friendly, private access
