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Proctorville Professional Office Opportunity
For Sale
$299,900
Pending

148 St Rt 775, Proctorville, OH 45669

COMMERCIAL - Proctorville, OH

Property Size2,646 SF
Lot Size0.69 Acres
Days on Market143

Property Features for 148 St Rt 775

General Information

Property type Commercial Sale
Property subtype Office
Lot features Level, Rolling
Directions Take State St./Rt 7 to 775 and head north. Property on the right.
Subdivision 33A - Proctorville
Standard status Pending
APN 25-060-1400.006
Size 2,646 SF
Lot size 0.69 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 2003
Building materials Block/Concrete, Dryvit
Roof type Shingle
Listing Agency: Century 21 Excellence Realty
Listed By: Amber Sansom · License #WV0022621
Added: Mar 11 Changed: Jun 24 Last Checked: Jul 31 at 6:06PM
MLS# 183314

Copyright © 2026 Huntington Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Proctorville, Ohio, this professional office building at 148 County Road 775 offers a functional layout with over 2,646 square feet of space. The property is currently configured as a dental office and is in excellent condition, making it easily adaptable for various professional uses. The layout includes 8 or more offices or exam rooms, a reception and waiting area, and administrative space. The property features an 18+ space private parking lot, providing convenient access for clients, staff, and visitors. Situated on a 0.69-acre lot, this turn-key professional building is suitable for medical, dental, orthodontic, chiropractic, physical therapy, counseling or therapy services, wellness clinic, spa or aesthetics practice, law office, accounting firm, insurance agency, real estate office, financial services, consulting firm, professional services office, or general office use. The property presents a strong potential for a wide range of business uses in a prime location.

Key Highlights

  • Move‑in‑ready, well‑maintained 2,646 sq. ft. professional office space.
  • Prime Proctorville location in a desirable area.
  • Flexible layout with 8+ offices/exam rooms, reception, waiting area, and administrative space.

Financial Insights For Healthcare Medical

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 $50.8k $19.20
− Vacancy −$7.1k −$2.69
EGI $43.7k $16.51
− OpEx −$17.5k −$6.60
NOI $26.2k $9.91
2,646 SF · lease $19.20/SF/yr · vacancy 14.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$374.5K
$327.7K – $436.9K (±1% cap)
NOI $26,214 @ 7.0% cap · market cap 8.74%
Second Best
Office B
$362.0K
$316.7K – $422.3K (±1% cap)
NOI $25,338 @ 7.0% cap · market cap 8.45%
Theoretical Best
Office A
$602.3K
$527.0K – $702.7K (±1% cap)
NOI $42,162 @ 7.0% cap · market cap 14.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Balanced
Demand for This Use

Demographics for 45669, OH

10,223
Population
4,724
Households
2.2
Avg Household Size
45
Median Age
22%
College-Educated
95%
High-School Grad
35.7 sq mi
ZIP Area
286
Density / Sq Mi
$65,824
Median Household Income
$42,846
Median Earnings
$953
Median Rent
$179,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Proctorville Animal Clinic — 16 State St, Proctorville, OH 45669
  • Snyder Joseph DVM — 16 State St, Proctorville, OH 45669

Frequently Asked Questions

What type of property is this?
Medical Office Space - Well-maintained, move-in-ready office space in a desirable Proctorville location.
Where is this medical office space located?
The property is located at 148 St Rt 775 Proctorville, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Move‑in‑ready, well‑maintained 2,646 sq. ft. professional office space.; Prime Proctorville location in a desirable area.; Flexible layout with **8+ offices/exam rooms, reception, waiting area, and administrative space.**
More about this property
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