Medical Office Condo
For Sale
Contact for pricing
4866 Wunnenberg Way, West Chester, OH 45069
Office and medical condo complex zoned B-2 and well located just off SR 747 near Union Centre.
Property Size2,584 SF
Price / SF$145.12
Days on Market288
Property Features for 4866 Wunnenberg Way
General Information
Standard status
Active
Size
2,584 SF
Property subtype
OFFICE
Zoning
B-2
Additional Details
Highway Access
Yes
Listing Agency:
North Ridge Realty Group
(513) 860-5050
Listed By:
Marshall Stretch · License #2019006171
(513) 504-8232
Source:
Moodyscre
Added: Jan 15
Changed: Oct 25
Last Checked: Oct 28 at 10:02AM
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
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Investment Insights
Based on property information with market context.
Professional office and medical condo complex providing dedicated office and medical space in a multi-unit condominium setting. The property is zoned B-2.
The building is well located just off SR 747, near Union Centre, and offers convenient access to I-75 and I-275. The surrounding area features a mix of retail, food, and service alongside residential development.
With 2,584 square feet of space, the offering supports a range of professional and medical office needs within the B-2 commercial zoning framework.
The building is well located just off SR 747, near Union Centre, and offers convenient access to I-75 and I-275. The surrounding area features a mix of retail, food, and service alongside residential development.
With 2,584 square feet of space, the offering supports a range of professional and medical office needs within the B-2 commercial zoning framework.
Key Highlights
- 2,584 SF medical and professional office condo complex
- Zoned B‑2
- Just off SR 747 near Union Centre
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,472
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,440
$609.4K
Cap Rate 7%
$435,314
$435.3K
Cap Rate 9%
$338,578
$338.6K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$56.7K $21.96/SF
− Vacancy
−$6.0K −$2.31/SF
EGI
$50.8K $19.65/SF
− OpEx
−$20.3K −$7.86/SF
NOI
$30.5K $11.79/SF
Area
Butler County, OH
Vacancy
10.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,440
Cap Rate 7%
$435,314
Cap Rate 9%
$338,578
Alternative Uses
Best Use
Healthcare Medical
$435.3K
$380.9K – $507.9K
NOI $30,472 @ 7.0% cap · market cap 8.13%
Second Best
Office B
$420.4K
$367.9K – $490.5K
NOI $29,428 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$510.9K
$447.1K – $596.1K
NOI $35,764 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45069, OH
53,694
Population
21,727
Households
2.5
Avg Household Size
40
Median Age
53%
College-Educated
95%
High-School Grad
29.0 sq mi
ZIP Area
1,852
Density / Sq Mi
$115,539
Median Household Income
$61,747
Median Earnings
$1,585
Median Rent
$314,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Office and medical condo complex zoned B-2 and well located just off SR 747 near Union Centre.
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: 2,584 SF medical and professional office condo complex; Zoned B‑2; Just off SR 747 near Union Centre
