Medical Office Condo with
For Sale
$379,900
Pending
9163 N County Road 25a, Piqua, OH 45356
Commercial Sale, Piqua, OH
Property Size2,990 SF
Lot Size0.07 Acres
Days on Market624
Property Features for 9163 N County Road 25a
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Planned Unit Development
Parking
20
Security features
Security Lighting
Window features
Window Coverings
Patio and Porch features
Porch
Basement
Unfinished, Full
Subdivision
Piqua
Lot features
Cul-De-Sac
Directions
N on Co Rd 25A to Upper Valley Professional Park. Building is on the right side.
Standard status
Pending
APN
N44077726
Size
2,990 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2023
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1998
Building materials
Brick
Architectural style
Contemporary, Stick
Listing Agency:
Coldwell Banker Heritage Realtors
Listed By:
Sue Wray
(937) 665-1800
Added: Jan 20, 2025
Changed: Sep 13
Last Checked: Oct 6 at 8:06PM
MLS# 1036483
Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,990-square-foot medical office condominium was built in 1998 with brick construction and a two-sided layout. Each side includes four private rooms or offices, a waiting area, reception space, and two half baths. The sides can function independently or as a combined practice. The property also includes a full basement, a private rear entrance, private parking, and a porch. Two newer heating and cooling systems serve the office, with natural gas forced-air heat and central air conditioning.
Located at 9163 N County Road 25a in Piqua, Ohio, the property sits on a 0.07-acre parcel with public sewer service. Existing furnishings and medical equipment may remain, including exam tables, consultation desks, chairs, filing and fireproof cabinets, computers, ultrasound machines, and male and female cystoscope setups.
Located at 9163 N County Road 25a in Piqua, Ohio, the property sits on a 0.07-acre parcel with public sewer service. Existing furnishings and medical equipment may remain, including exam tables, consultation desks, chairs, filing and fireproof cabinets, computers, ultrasound machines, and male and female cystoscope setups.
Key Highlights
- 2,990‑square‑foot medical office condominium on a 0.07‑acre parcel
- Two‑sided layout with 4 private rooms or offices per side
- Each side includes waiting, reception, and 2 half baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,705
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,100
$674.1K
Cap Rate 7%
$481,500
$481.5K
Cap Rate 9%
$374,500
$374.5K
Market Conditions
NOI Build-Up for 2,990 SF
Gross rent
$59.9K $20.04/SF
− Vacancy
−$15.0K −$5.01/SF
EGI
$44.9K $15.03/SF
− OpEx
−$11.2K −$3.76/SF
NOI
$33.7K $11.27/SF
Area
Miami County, OH
Vacancy
25.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,100
Cap Rate 7%
$481,500
Cap Rate 9%
$374,500
Alternative Uses
Best Use
Healthcare Medical
$503.7K
$440.8K – $587.7K
NOI $35,260 @ 7.0% cap · market cap 9.28%
Second Best
Office B
$481.5K
$421.3K – $561.8K
NOI $33,705 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$609.4K
$533.2K – $711.0K
NOI $42,657 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45356, OH
25,106
Population
11,353
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
89%
High-School Grad
75.5 sq mi
ZIP Area
333
Density / Sq Mi
$66,134
Median Household Income
$38,323
Median Earnings
$900
Median Rent
$144,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Brick medical office condominium with flexible separation, private entrances, updated climate systems, and furnished equipment available.
Where is this medical office space located?
The property is located at 9163 N County Road 25a Piqua, OH.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 2,990‑square‑foot medical office condominium on a 0.07‑acre parcel; Two‑sided layout with 4 private rooms or offices per side; Each side includes waiting, reception, and 2 half baths
