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    115 Staunton St Piqua, OH 45356

    Sponsored
    For Lease
    $6 SF/Yr ($2,900 /Mo)

    5,800 SF Medical/Retail Office in Ohio

    Lot size:
    5,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,800 square foot medical office building, located at 115 Staunton Street in Piqua, Ohio, presents a unique investment opportunity. Built in 1967 and extensively renovated in 2024, the property boasts a single-tenant occupancy, offering stability and ease of management. The building comprises two stories within a single structure situated on a 0.7-acre lot. Its versatile zoning, classified as T-FX (Traditional Flex Use), allows for a range of potential uses beyond its current medical and retail configuration. The property's substantial square footage provides ample space for various medical practices or retail businesses. The recent renovation ensures modern amenities and updated infrastructure, minimizing immediate capital expenditure needs for the new owner. The convenient location in Piqua, Ohio, with zip code 45356, offers excellent accessibility and visibility. This property is an ideal choice for investors seeking a stable, well-maintained asset in a thriving Ohio community. The building's solid construction and recent upgrades promise long-term value and potential for future appreciation. The single-tenant occupancy simplifies management and reduces vacancy risks, making it an attractive investment for both experienced and new commercial property owners. The 0.7-acre lot provides ample space for potential expansion or future development, adding further value to this already impressive property.

    Property Features for 115 Staunton St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,800 SF
    Total Rate
    2900

    Building Details

    Year Built/Renovated
    1967/2024
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    5,800 SF
    Rate per SF
    $6

    HighLights

    • 5,800 SF medical office building on 0.7‑acre lot in Piqua, OH (45356).
    • Completely remodeled in 2024.
    • Handicap accessible.
    • Asphalt parking lot with 60 spaces.
    • Flexible T‑FX zoning.
    • 2‑minute access to I‑75.
    Property Profile Location Intelligence

    Current Use by Public Records

    Central Baptist Church Baptist Church

    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
    Piqua
    County
    Miami
    State
    Ohio
    Longitude
    -84.2321815
    Latitude
    40.1452608

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    FAQs

    What type of property is this?
    Medical office - 5,800 SF Medical/Retail Office in Ohio
    Where is this medical office located?
    The property is located at 115 Staunton St Piqua, OH.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 5,800 SF medical office building on 0.7-acre lot in Piqua, OH (45356).; Completely remodeled in 2024.; Handicap accessible.
    Request Owner's contact information
    115 Staunton St Piqua, OH 45356
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    Piqua, OH 45356
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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
    115 Staunton St Piqua, OH 45356
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