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    121 Progress Dr Xenia, OH 45385

    Sponsored
    For Sale
    $725,000

    4,837 sq ft, Vacant, Prime Location

    Property size:
    4,837 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,837 square foot commercial building in Xenia, Ohio, is available for $725,000. Located at 121 Progress Dr, this Class B property sits on a 0.56-acre lot (APN: M40000100230023700) and boasts a highly visible location across from Walmart and Lowe's, ensuring excellent exposure. Built in 2002 and renovated in 2019, the building features attractive all-brick exterior and updated interiors including luxury vinyl plank flooring and fresh paint. The versatile floor plan includes five exam rooms (each with sinks and storage), a lead-shielded room, multiple offices, a dedicated records room, a spacious waiting area, three public restrooms, and a convenient breakroom. The property is zoned Commercial - PUD and is ideally suited for a variety of uses, including medical practices (such as counseling, dermatology, orthopedics, podiatry, or chiropractic), wellness centers, or a daycare. Ample parking is available. The building is currently vacant and ready for immediate occupancy on October 18, 2024. This is a prime opportunity to establish a thriving business in a high-traffic retail area.

    Property Features for 121 Progress Dr

    General Information

    Property type
    Day care centers
    Square Feet
    4,837 SF
    Class
    B
    Lot Size
    24,394 SF

    Building Details

    Year Built/Renovated
    2002/2019

    HighLights

    • $725,000 asking price for a 4,837 square foot office/retail building.
    • Vacant, Class B property located at 121 Progress Dr, Xenia, OH 45385.
    • Situated on a 0.56‑acre lot with Commercial - PUD zoning.
    • Built in 2002 and renovated in 2019, offering updated amenities including LVP flooring and fresh paint.
    • Features five exam rooms, a lead‑shielded room, multiple offices, a records room, a large waiting room, three restrooms, and a breakroom.
    • High‑visibility location across from Walmart and Lowe's, with ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    R P Dillaplain ... Obstetrician-Gynecologist Cardiologists Of Clark & Champaign ... Medical Clinic Kinser Tina Nursing Agency James Scott Bembry Obstetrician-Gynecologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Xenia
    County
    Greene
    State
    Ohio
    Longitude
    -83.9635364
    Latitude
    39.6869965

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    FAQs

    What type of property is this?
    Day care center - 4,837 sq ft, Vacant, Prime Location
    Where is this day care center located?
    The property is located at 121 Progress Dr Xenia, OH.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: $725,000 asking price for a 4,837 square foot office/retail building.; Vacant, Class B property located at 121 Progress Dr, Xenia, OH 45385.; Situated on a 0.56-acre lot with Commercial - PUD zoning.
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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
    121 Progress Dr Xenia, OH 45385
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