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Property profile & analytics
OFF-MARKET
Office Spaces

440 Ray Norrish Dr Springdale, OH 45246

5,580 SF Built 1987
Property ID
Property summary
AI-generated overview

This exceptional 5,580 square foot Class B medical office condo, located at 440 Ray Norrish Dr in Springdale, Ohio (zip code 45246), presents a unique investment opportunity. Built in 1987 and extensively renovated in 2021, this two-story building offers a turnkey solution for medical practices. The main floor encompasses 2,790 square feet of meticulously finished medical office space, ready for immediate occupancy. The lower level provides an additional 2,790 square feet, adaptable to various needs – additional medical space, administrative offices, break rooms, or storage. The property boasts ample parking, a significant advantage for both patients and staff. Its strategic location offers easy access to major roadways, including I-275 and I-75, and is surrounded by a vibrant mix of retail, restaurants, banks, and hotels, ensuring convenience and accessibility. The asking price is $365,000, translating to $65.41 per square foot. This property combines modern amenities with a prime location, making it an ideal investment for discerning buyers seeking a high-return medical office space. The building's recent renovations include new paint and flooring, further enhancing its appeal and functionality.

Property profile
Verified
Property type Office Spaces
Year built 1987
Total area 5,580 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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