Medical Office
For Sale
$495,000
239 E Court St, Washington Court House, OH 43160
Medical office property offering 3,040 square feet for professional use.
Property Size3,040 SF
Price / SF$162.83
Days on Market72
Property Features for 239 E Court St
General Information
Standard status
Active
Size
3,040 SF
Listing Agency:
Heart State Realty LLC
Listed By:
Robert N Rea · License #2017003997
(614) 264-8883
Source:
Thelorilynngroup
Added: Aug 5
Changed: Oct 4
Last Checked: Oct 7 at 4:42PM
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 Heart State Realty LLC
Investment Insights
Based on property information with market context.
This medical office property contains 3,040 square feet of space at 239 E Court St in Washington Court House, Ohio. The asset is classified as medical office space and is offered for sale.
Its location on E Court St places the property within Washington Court House, with the address providing a defined setting for evaluating access and surrounding commercial context.
Its location on E Court St places the property within Washington Court House, with the address providing a defined setting for evaluating access and surrounding commercial context.
Key Highlights
- 3,040‑square‑foot medical office property
- Located at 239 E Court St
- Washington Court House, OH 43160
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,270
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,400
$745.4K
Cap Rate 7%
$532,429
$532.4K
Cap Rate 9%
$414,111
$414.1K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$65.3K $21.48/SF
− Vacancy
−$15.6K −$5.13/SF
EGI
$49.7K $16.35/SF
− OpEx
−$12.4K −$4.09/SF
NOI
$37.3K $12.26/SF
Area
Fayette County, OH
Vacancy
23.90%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,400
Cap Rate 7%
$532,429
Cap Rate 9%
$414,111
Alternative Uses
Best Use
Office B
$532.4K
$465.9K – $621.2K
NOI $37,270 @ 7.0% cap · market cap 7.53%
Second Best
Healthcare Medical
$517.3K
$452.6K – $603.5K
NOI $36,210 @ 7.0% cap · market cap 7.32%
Theoretical Best
Specialty Retail
$847.9K
$742.0K – $989.3K
NOI $59,356 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43160, OH
22,117
Population
10,012
Households
2.2
Avg Household Size
41
Median Age
14%
College-Educated
86%
High-School Grad
213.2 sq mi
ZIP Area
104
Density / Sq Mi
$57,475
Median Household Income
$38,296
Median Earnings
$802
Median Rent
$162,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vanzant Robert G DVM — 414 E Court St, WSHNGTN CT HS, OH 43160
- Court Street Animal Hospital — 414 E Court St, Washington Ct Hs, OH 43160
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office property offering 3,040 square feet for professional use.
Where is this medical office space located?
The property is located at 239 E Court St Washington Court House, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,040‑square‑foot medical office property; Located at 239 E Court St; Washington Court House, OH 43160
