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    201 Ludlow St Phillipsburg, OH 45354

    For Sale
    $85,000

    Prime Medical Office Space, Ohio

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,500 square foot medical office building, located at 201 N. Ludlow Street in Phillipsburg, Ohio, presents a compelling investment opportunity. Built in 1962, this Class B property is zoned for office use and boasts an attractive asking price of $85,000, translating to a price per square foot of $56.67. The building features seven well-appointed patient rooms or offices, each equipped with plumbing. This turnkey solution is ideal for established medical practices seeking expansion or new ventures looking for a ready-to-occupy space. Situated in Montgomery County, Ohio, with the address 201 N Ludlow St, Phillipsburg, OH 45354 (39.9058273, -84.3999272), this property offers convenient access to local amenities and a strong patient base. The existing plumbing infrastructure in the patient rooms/offices represents a significant advantage, minimizing upfront renovation costs and allowing for immediate occupancy. This is a rare opportunity to acquire a well-maintained medical office building in a desirable location at an attractive price point. The property's existing configuration and infrastructure make it an excellent choice for a variety of medical specialties. Don't miss this chance to own a piece of Phillipsburg's thriving medical community.

    Property Features for 201 Ludlow St

    General Information

    Property type
    Medical offices
    Square Feet
    1,500 SF
    Class
    B

    Building Details

    Year Built
    1962

    HighLights

    • Plumbing extended to patient rooms.
    • Seven attractive patient rooms/offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Building Supply Auto Repair Shop Department Store Kitchen & Bath Food Market Garden Center Discount Store Convenience Store Furniture Store Smoke and Vape Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phillipsburg
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.3999272
    Latitude
    39.9058273

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    Nearby Similar for Sale

    • $75,000
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      Phillipsburg Medical Office Building For Sale

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      201 N Ludlow St, Phillipsburg, OH
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space, Ohio
    Where is this medical office located?
    The property is located at 201 Ludlow St Phillipsburg, OH.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Plumbing extended to patient rooms.; Seven attractive patient rooms/offices.;
    Request Owner's contact information
    201 Ludlow St Phillipsburg, OH 45354
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    Phillipsburg, OH 45354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Ludlow St Phillipsburg, OH 45354
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