Property profile

825 W Locust St Wilmington, OH 45177

FOR SALE
Medical Office Space
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Property ID
US66-3994142
12,437 SF 3.03 ac
Last sale Sep 2023·$278,857
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This 9,636-square-foot office building in Wilmington, OH at 825 W Locust St combines a pre-1900 two-story structure with a 1998 rear addition. The original portion features multiple offices, while the newer section is configured with contemporary office space, a large reception area, and workstations. The combined footprint results in a varied interior layout that blends historic building character with updated workplace functionality. Four separate entrances provide flexible access and support…

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?
$17k
Tax billed · 2023
Assessed value$400k
Assessed land$53k
Assessed improvement$347k
Effective rate4.17%

Value estimate

· Nov 2026
$265k
$239k – $292k
AI approach$355k
NOI build-up
Gross scheduled income$207k
Vacancy & credit loss−$52k
Operating expenses−$39k
NOI · 11.65% cap applied$116k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
11.65%
$116k 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.

JurisdictionCLINTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.6
Tailor Shop9.2
Garden Center9.1

Location

825 W Locust St Wilmington, OH 45177
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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
448 Main, Wilmington, OH 45177-2121 $270,000 Feb 2026 2,334 SF
2241 Rombach, Wilmington, OH 45177-1995 $13,750,000 Jun 2025 8,800 SF
781 Locust, Wilmington, OH 45177-2116 $13,750,000 Jun 2025 2,713 SF
1675 Alex, Wilmington, OH 45177-2446 $990,000 Sep 2023 6,020 SF
485 Main, Wilmington, OH 45177-2174 $749,400 Nov 2021 2,092 SF
164 Holiday, Wilmington, OH 45177-8731 $2,588,500 Oct 2019 7,560 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

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