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Property profile

1050 Isaac Streets Dr Oregon, OH 43616

OFF-MARKET
Office Spaces
4,620 SF Built 1983
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Property summary

AI-generated overview

This exceptional 4,620 square foot medical office condominium in Oregon, Ohio, is offered at $355,000. Built in 1983 and renovated in 1990, this single-story building features a conducive layout with mostly perimeter windowed offices, a waiting room, six exam rooms with sinks, four additional offices, a kitchen, in-suite restrooms, and a conference room. A former x-ray room, now decommissioned per Ohio state regulations, retains its lead-lined walls. The property includes 180 parking spaces and benefits from its convenient location: 0.67 miles from I-280 and ¼ mile from SR-2. This property is zoned for office condominiums and consists of two combined condominium units with multiple entrances, constructed by Rudolph Libbe and featuring two electric and gas meters. The building is professionally managed. The asking price is $9 per square foot. APN: 24369001

Property profile

Verified
Property type Office Spaces
Year built 1983
Total area 4,620 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
  • Physician Medical Clinic
  • Physician
  • Pediatrician Physician
  • Physician
  • Physician

Location

1050 Isaac Streets Dr Oregon, OH 43616
Oregon 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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