80 NE Logan Thornville Rd, Bremen, OH
Office building with exam rooms on a 13-acre lot.
- Added:
- Feb 8, 2024
- Days on Market:
- 863
- Last Refresh:
- May 20 at 9:05 pm
Property Features for 80 NE Logan Thornville Rd
General Information
- Standard status
- Active
- Size
- 2,185 SF
- Lot size
- 13.04 Acres
- Property subtype
- OFFICE
Listing agent Gary Bartlett License #0700349755 (614) 371-5309
Listing office Bartlett & Benner Realty Inc (614) 371-5309
Listing date Feb 8, 2024
Source Moodyscre
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 Bartlett & Benner Realty Inc
HighLights
- Office building with multiple rooms: waiting room, reception area, 3 exam rooms, procedure room, break room, and office.
- Includes 2 restrooms.
- 13‑acre property.
- Majority of acreage currently farmed.
Overview
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 | $46.9k | $21.48 |
| − Vacancy | −$11.8k | −$5.39 |
| EGI | $35.2k | $16.09 |
| − OpEx | −$8.8k | −$4.02 |
| NOI | $26.4k | $12.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bremen
- County
- Fairfield
- State
- Ohio
- Longitude
- -82.4246
- Latitude
- 39.7191
