Office Suite with Private
For Sale
Contact for pricing
215 Stanford Parkway, Findlay, OH 45840
The suite combines flexible workspace with private offices, two restrooms, and access to a shared break room.
Property Size5,000 SF
Price / SF$0.00
Days on Market94
Property Features for 215 Stanford Parkway
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Built-Out
Property Use
Office
Amenities
shared break room
private entry
Building Details
Year Built
1980
Listing Agency:
Northwest Real Estate Services
Listed By:
Curt Sigg
(419) 438-8898
Source:
Nwohiohomes
Added: Jul 29
Changed: Oct 30
Last Checked: Oct 30 at 1:51AM
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 Northwest Real Estate Services
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Investment Insights
Based on property information with market context.
This 5,000-square-foot office suite offers open workspace with capacity for up to four built-out private offices. The layout also includes two dedicated restrooms, access to a shared break room, and a private entrance. Signage opportunities and dedicated parking are available for the suite.
Built in 1980, the property is near I-75 in Findlay, Ohio.
Built in 1980, the property is near I-75 in Findlay, Ohio.
Key Highlights
- 5,000 square feet of office space with an open layout
- Up to 4 built‑out private offices
- 2 dedicated restrooms and shared break room access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,880
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,600
$957.6K
Cap Rate 7%
$684,000
$684.0K
Cap Rate 9%
$532,000
$532.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$79.8K $15.96/SF
− Vacancy
−$16.0K −$3.19/SF
EGI
$63.8K $12.77/SF
− OpEx
−$16.0K −$3.19/SF
NOI
$47.9K $9.58/SF
Area
Hancock County, OH
Vacancy
20.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,600
Cap Rate 7%
$684,000
Cap Rate 9%
$532,000
Alternative Uses
Best Use
Office B
$684.0K
$598.5K – $798.0K
NOI $47,880 @ 7.0% cap · market cap 478,800.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.39M
$1.22M – $1.63M
NOI $97,625 @ 7.0% cap · market cap 976,250.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 45840, OH
54,901
Population
25,396
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
166.5 sq mi
ZIP Area
330
Density / Sq Mi
$64,076
Median Household Income
$42,546
Median Earnings
$934
Median Rent
$203,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The suite combines flexible workspace with private offices, two restrooms, and access to a shared break room.
Where is this office unit located?
The property is located at 215 Stanford Parkway Findlay, OH.
What are key features of this property?
This property features: 5,000 square feet of office space with an open layout; Up to 4 built‑out private offices; 2 dedicated restrooms and shared break room access
