Medical Office Building with
750 E Park Ave Columbiana, OH 44408
750 E Park Ave, Columbiana, OH, 44408
Contact for pricing
For Sale
Contact for pricing
Well maintained two-level medical building with a full basement, sited on more than six acres.
Property Size18,722 SF
Price / SF$181.34
Days on Market21
Property Features for 750 E Park Ave
General Information
- Standard status
- Active
- Size
- 18,722 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing agency
Platz Realty Group
(330) 757-4889
Listed by
Don Thomas · License #OH
Source
Crexi
Added: Jul 3 Updated: Jul 22 at 8:38PM Checked: Jul 22 at 8:38PM
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 Platz Realty Group
Investment Insights
Based on property information with market context.
This well maintained medical office building features two levels plus a full basement. The property is situated on more than six acres of land and is described as having repurposing potential for different use types, including residential, commercial, and medical applications.
The building is located in Columbiana, Ohio, with easy access to SR 11 and close proximity to western Pennsylvania, supporting convenient regional access.
The overall configuration includes the main two-story space along with basement area, providing flexibility for existing operations and future adaptation as allowed by applicable requirements.
The building is located in Columbiana, Ohio, with easy access to SR 11 and close proximity to western Pennsylvania, supporting convenient regional access.
The overall configuration includes the main two-story space along with basement area, providing flexibility for existing operations and future adaptation as allowed by applicable requirements.
Key Highlights
- Well maintained medical building built in 2000
- Two levels plus a full basement
- Sited on more than 6 acres of land
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 | $355.0k | $18.96 |
| − Vacancy | −$37.3k | −$1.99 |
| EGI | $317.7k | $16.97 |
| − OpEx | −$127.1k | −$6.79 |
| NOI | $190.6k | $10.18 |
18,722 SF · lease $18.96/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.72M
$2.38M – $3.18M
NOI $190,618 @ 7.0% cap · market cap 5.61%
Second Best
Office B
$1.81M
$1.58M – $2.11M
NOI $126,374 @ 7.0% cap · market cap 3.72%
Theoretical Best
Warehouse
$15.81M
$13.84M – $18.45M
NOI $1,107,021 @ 7.0% cap · market cap 32.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Columbiana Family Care ...
Pediatrician
Rachel Fender
Physician
Austin Creer
Physician
Lorraine Cresanto
Physician
Beth Earles
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - Well maintained two-level medical building with a full basement, sited on more than six acres.
Where is this medical center located?
The property is located at 750 E Park Ave Columbiana, OH.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: Well maintained medical building built in 2000; Two levels plus a full basement; Sited on more than 6 acres of land
