Property profile

650 Vandemark Rd Sidney, OH 45365

OFF-MARKET
Retail properties & Spaces
9.2 ac lot Built 2015
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Property summary

AI-generated overview

This exceptional 1,550-square-foot medical office building is situated on a spacious 9.2-acre lot in Sidney, Ohio. Constructed in 2015, the property boasts a Class B rating and is currently vacant, presenting a unique opportunity for a single tenant. The building's design is ideally suited for medical practices or related businesses, offering ample space for patient care, administrative functions, and potential expansion. The single-tenant occupancy ensures complete control and flexibility for the new owner. The property's location at 650 N. Vandemark Road in Sidney, Ohio, zip code 45365, provides excellent visibility and accessibility. The building's modern construction ensures efficient operation and low maintenance costs. This is a prime opportunity to acquire a well-maintained, single-tenant medical office building in a desirable location. The property's size and location make it an attractive investment for both established medical practices seeking to expand and new ventures looking for a turnkey solution. The ample land provides room for future development or expansion, adding significant value to the property. The property is classified as both Medical Office and Retail, offering versatility in potential uses. This presents a rare chance to secure a well-positioned, ready-to-occupy medical office space in a thriving Ohio community. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2015
Lot 9.2 ac (400,752 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
  • Insurance Agency
  • Nursing Home
  • Employment Agency

Location

650 Vandemark Rd Sidney, OH 45365
Sidney 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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