Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Condo Overlooking Lake Cascades Title is generated by Realmo AI

    1725 Western Avenue C, Findlay, OH 45840

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $559,000

    Medical condo with flexible space near I-75 and downtown.

    Type:Office
    Added:
    Mar 5, 2026
    Days on Market:
    79
    Last Refresh:
    Apr 5 at 8:48 pm

    Property Features for 1725 Western Avenue C

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1996

    We can help!

    Listing Contact
    Brian Whitta
    Brian Whitta

    Listing agent Brian Whitta License #2017005805

    Listing office Coldwell Banker Flag City

    Listing date Mar 5, 2026

    Source Cbcworldwide

    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 Coldwell Banker Flag City

    HighLights

    • Overlooks Lake Cascades.
    • Versatile space suitable for various business types.
    • Equipped with treatment rooms, retail space, lab/xray, office, and waiting room.
    • Convenient location near I‑75, doctors, hospital, and downtown.
    • Ample on‑site parking.
    • Shared storage space in the adjoining basement.

    Overview

    This medical condo overlooks Lake Cascades and offers multiple options for space utilization and modification to suit various business types. The property was most recently used for podiatric medicine and includes treatment rooms, retail space, a lab/xray area, an office, and a waiting room. It could potentially serve other medical disciplines or ancillary services such as DME, home health, massage, or nonprofit organizations. The owner is responsible for 12.1% of the actual association costs and has shared storage space in the adjoining basement. Ample on-site parking is available. The location provides convenient access to I-75, nearby doctors, a hospital, and downtown.
    Location Intelligence

    Current Use by Public Records

    Craig Parker Physician Dr. Kenneth Verdell Dental Office Kathryn Karhoff Pediatrician Dr. Joseph B. ... Dental Office Barbara Kampf Physician

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Findlay
    County
    Hancock
    State
    Ohio
    Longitude
    -83.6612
    Latitude
    41.0202

    Nearby Similar for Sale

    • $1,900,000

      Established Retail Center on Corridor

      High-visibility retail center in Findlay, Ohio, with redevelopment potential.
      1016 Tiffin Ave, Findlay, OH 45840
      View Details
    • $739,000

      Brick Office Building with Parking

      Large office building with ample parking and high traffic.
      321 S Blanchard St Findlay, OH 45840
      View Details
    • $1,480,000

      High-Traffic Commercial Building For Sale

      12-unit commercial building in high-traffic area with investment potential.
      1100 Croy Dr, Findlay, OH, 45840-6730
      View Details
    • $1,900,000
      26,116 SF

      Established Retail Center on Major Corridor

      High-visibility retail center with strong tenant mix and redevelopment potential.
      1016 Tiffin Ave, Findlay, OH 45840
      View Details
    • $750,000
      900 SF

      Apartment Buildings Near University

      Two-building apartment complex near University of Findlay, fully occupied.
      300-310 Allen Ave, Findlay, OH 45840
      View Details
    • $799,900

      Prime Business Opportunity in Findlay

      Business opportunity in a great location with leased and open space.
      413 N Main St, Findlay, OH, 45840-3541
      View Details
    • $1,747,000
      4,689 SF

      Retail Space Available For Lease

      Retail space for lease with highway signage available.
      912 Interstate Dr, Findlay, OH
      View Details
    • $9,818,000
      32,742 SF

      Findlay Office Building For Sale

      32,742 SqFt office building with 7.85% CAP rate.
      15840 Medical Dr S, Findlay, OH 45840
      View Details
    • $899,000

      Retail Property with Included Inventory

      Retail property for sale with existing business and included inventory.
      10283 W Us Route 224, Findlay, OH, 45840-1935
      View Details
    • $299,900
      4,770 SF

      Commercial Opportunity on Foulke Avenue

      Mixed-use commercial property available for sale.
      518 W Foulke Ave, Findlay, OH 45840
      View Details
    • Contact for pricing
      5,540 SF

      Turnkey Bar and Restaurant Opportunity

      Premier entertainment destination with remodeled interior and outdoor campus.
      2330 Bright Rd, Findlay, OH 45840
      View Details
    • $289,900
      450 SF

      Remodeled Commercial Building on Tiffin

      High-traffic location, remodeled building, parking, ready for business.
      1019 Tiffin Avenue, Findlay, OH 45840
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical condo with flexible space near I-75 and downtown.
    Where is this medical office space located?
    The property is located at 1725 Western Avenue C Findlay, OH.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: Overlooks Lake Cascades.; Versatile space suitable for various business types.; Equipped with treatment rooms, retail space, lab/xray, office, and waiting room.
    (419) 434-1373
    We can help!
    Listing Contact
    Brian Whitta
    Brian Whitta
    Real Estate License ID: 2017005805
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1725 Western Avenue C Findlay, OH 45840
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!