Medical Office Building For
675 E Snyder Dr, Decatur, IL 62526
Custom-built medical office in a central business district.
Type:Office
Property size:
4,464 SFPrice / SF:
$128/SF- Added:
- Mar 5, 2026
- Days on Market:
- 114
- Last Refresh:
- Mar 16 at 2:53 pm
Property Features for 675 E Snyder Dr
General Information
- Standard status
- Active
- Size
- 4,464 SF
- Property subtype
- Office
Building Details
- Year Built
- 2012
Listing office Brinkoetter Realtors
Listing date Mar 5, 2026
Source Crexi
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 Brinkoetter Realtors
HighLights
- Custom‑built commercial office building designed for a medical business.
- Located in a central north business district, close to restaurants and Decatur Hospitals.
- Option for current owner to rent the front 3224 sqft (OB‑GYN business) from the new owner.
- Additional 1240 sq.ft. space with private entrance designed for income generation (currently vacant).
- Front office featuring 6 patient rooms, 2 offices, waiting room, nurses station, 2 bathrooms, conference room.
- Separate HVAC systems for front and back offices.
Overview
This custom-built commercial office building, designed for a medical business, is located in a central north business district, near restaurants and Decatur hospitals. The building has a total area of 4464 square feet. The front 3224 square feet are currently configured as an OB-GYN office, featuring 6 patient rooms, two offices, a waiting room, a nurses station, an office bathroom, a customer bathroom, and a conference room. The current owner is open to renting the space from a new owner for a negotiable period. An additional 1240 square feet at the rear of the building, accessible via a private entrance, was designed as an income-generating space. This area includes 3 patient rooms, a reception room, a bathroom, and a kitchen. Both the front and back offices are equipped with their own HVAC systems. The rear space is currently vacant. The property is suitable for medical or other commercial uses.
Local Financial Insights For Office B
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 | $56.2k | $12.60 |
| − Vacancy | −$9.0k | −$2.02 |
| EGI | $47.2k | $10.58 |
| − OpEx | −$11.8k | −$2.65 |
| NOI | $35.4k | $7.94 |
4,464 SF · lease $12.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$506.2K
$442.9K – $590.6K
NOI $35,435 @ 7.0% cap · market cap 6.16%
Second Best
Healthcare Medical
$502.2K
$439.4K – $585.9K
NOI $35,154 @ 7.0% cap · market cap 6.11%
Theoretical Best
Specialty Retail
$749.8K
$656.1K – $874.8K
NOI $52,486 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Vidya Sagar Rao ...
Physician
Midwest OB -GYN ...
Physician
Messamore Family Chiropractic
Alternative Medicine Practice
Todd B. Messamore, ...
Alternative Medicine Practice
Similar Places Nearby
- Northgate Pet Clinic — 2800 N Martin Luther King Jr Dr, Decatur, IL 62526
- Cats Only — 2733 N Water St, Decatur, IL 62526
- Becky Reardon — 2800 N Martin Luther King Jr Dr, Decatur, IL 62526
- Jennifer Rojas- Watkins — 2800 N Martin Luther King Jr Dr, Decatur, IL 62526
- PetDentist — 2800 N Martin Luther King Jr Dr, Decatur, IL 62526
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Macon
- State
- Illinois
- Longitude
- -88.9487846
- Latitude
- 39.8778756
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Custom-built medical office in a central business district.
Where is this medical office space located?
The property is located at 675 E Snyder Dr Decatur, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Custom‑built commercial office building designed for a medical business.; Located in a central north business district, close to restaurants and Decatur Hospitals.; Option for current owner to rent the front 3224 sqft (OB‑GYN business) from the new owner.
