Property profile

4214 Grand Ave Middletown, OH 45044

FOR LEASE
Medical Office Space
Saved · see the list in your Dashboard
Property ID
US66-1469977
22,500 SF 0.53 ac Built 1966
Last sale Apr 2024·$1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
4214 Grand Ave, Middletown, OH 45044 For Lease
$1,000,000 24,291 SF available
4214 Grand Ave, Middletown, OH 45044
View Listing

Property summary

AI-generated overview

The property consists of two medical office buildings situated across five parcels totaling 2.2088 acres. The front building contains approximately 1,791 square feet, and the rear building provides approximately 22,500 square feet of medical space. Total building improvements are approximately 24,291 square feet, with the larger building configured into four separate suites. The site is located at 4214 Grand Ave in Middletown near the intersection of S. Breiel Blvd and Grand Ave, and Interstate…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$508k
Assessed land$27k
Assessed improvement$481k
Effective rate6.00%

Value estimate

· Nov 2026
$1.00M
$900k – $1.10M
AI approach$1.00M
NOI build-up
Gross scheduled income$498k
Vacancy & credit loss−$130k
Operating expenses−$92k
NOI · 27.66% cap applied$277k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$113/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$58 – $154

Cap rate analysis

How does the asset earn?
27.66%
$277k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBUTLER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility9.8
Plumbing Service9.0
Bakery8.6

Location

4214 Grand Ave Middletown, OH 45044
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4102 Roosevelt, Middletown, OH 45044-3699 $475,000 Feb 2026 10,176 SF
203 Broad, Middletown, OH 45044-4269 $240,000 Jul 2024 5,848 SF
4701 Central, Middletown, OH 45044-5353 $430,000 Nov 2023 7,131 SF
7810 Bethany, Liberty Township, OH 45044-9516 $23,500,000 May 2022 36,447 SF
2207 Central, Middletown, OH 45044-4603 $93,000 Mar 2019 2,912 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved