Medical Office Condo
4866 Wunnenberg Way West Chester, OH 45069
4866 Wunnenberg Way, West Chester, OH, 45069
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For Sale
Contact for pricing
Professional office and medical condo space is zoned B-2 and situated just off SR 747 near major highways.
Property Size2,584 SF
Price / SF$145.12
Days on Market188
Property Features for 4866 Wunnenberg Way
General Information
- Standard status
- Active
- Size
- 2,584 SF
- Property subtype
- OFFICE
Properties For Sale
at 4866 Wunnenberg Way Contact us
Listing agency
North Ridge Realty Group
(513) 504-8232
Listed by
Marshall Stretch · License #2008004113
(513) 504-8232
Source
Moodyscre
Added: Jan 15 Updated: Jul 21 at 6:42PM Checked: Jul 21 at 6:42PM
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 North Ridge Realty Group
Investment Insights
Based on property information with market context.
This professional office and medical condo complex offers office and medical-use space configured within condo units. The property is zoned B-2, supporting a range of commercial and office-related activities consistent with that zoning designation.
The location is described as being just off SR 747 near Union Centre, with access to I-75 and I-275 within minutes. The surrounding area includes a mix of retail, food, and service uses, providing a developed commercial and residential setting.
As a for-sale office/medical condo property, it may be suited for buyers seeking a professionally maintained workspace within a B-2 zoned office and medical environment.
The location is described as being just off SR 747 near Union Centre, with access to I-75 and I-275 within minutes. The surrounding area includes a mix of retail, food, and service uses, providing a developed commercial and residential setting.
As a for-sale office/medical condo property, it may be suited for buyers seeking a professionally maintained workspace within a B-2 zoned office and medical environment.
Key Highlights
- Professional office & medical condo complex
- Zoned B‑2
- Located just off SR 747 near Union Centre
Local 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 | $54.3k | $21.00 |
| − Vacancy | −$13.7k | −$5.31 |
| EGI | $40.5k | $15.69 |
| − OpEx | −$16.2k | −$6.27 |
| NOI | $24.3k | $9.41 |
2,584 SF · lease $21.00/SF/yr · vacancy 25.30% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$347.4K
$304.0K – $405.4K
NOI $24,321 @ 7.0% cap · market cap 6.49%
Second Best
Office B
$347.4K
$304.0K – $405.4K
NOI $24,321 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$463.3K
$405.4K – $540.5K
NOI $32,428 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Professional office and medical condo space is zoned B-2 and situated just off SR 747 near major highways.
Where is this medical office space located?
The property is located at 4866 Wunnenberg Way West Chester, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Professional office & medical condo complex; Zoned B‑2; Located just off SR 747 near Union Centre
