Property profile

1050 Isaac Streets Dr Oregon, OH 43616

OFF-MARKET
Office Spaces
2,902 SF 3.69 ac lot Built 1983
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Property summary

AI-generated overview

This exceptional 2,902 square foot medical office suite is situated within a well-maintained professional condominium in Oregon, Ohio. Ideally suited for an owner-user or investment opportunity, the property boasts a convenient location, just three-quarters of a mile from the I-280 interchange and a quarter-mile from SR-2/Navarre Avenue, Oregon's main retail corridor. Its adjacency to Mercy St. Charles Hospital, major retail establishments, and several national hotel chains ensures high visibility and accessibility. The suite itself features a thoughtfully designed layout including two waiting rooms, a break room, a receptionist office, a private office, eight exam rooms/offices, and two bathrooms (one ADA compliant). A private back entrance adds to the convenience. The property includes access to 180 shared parking spaces, with two curb cuts off Isaac Streets Drive, and additional access from St. Charles Hospital via Wheeling and Navarre. Built in 1983, this single-story building sits on a 3.69-acre lot and is zoned C3-Planned Commercial. The asking price is $199,900 ($68.88/sq ft). Interior digital display signage opportunities are available. High traffic counts are reported on Navarre Avenue (28,037 VPD in 2023) and I-280 (10,710 VPD in 2023). The property's APN is 4491575. This is a turnkey opportunity for a thriving medical practice or savvy investor.

Property profile

Verified
Property type Office Spaces
Year built 1983
Total area 2,902 SF
Lot 3.69 ac (160,736 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician
  • Pediatrician Physician
  • Physician
  • Physician

Location

1050 Isaac Streets Dr Oregon, OH 43616
Oregon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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