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Property profile & analytics

1069 Delaware Ave Marion, OH 43302

  • Medical offices
  • 1.49 lot acres
Value Estimation
$3,100,000
Last Sale
Oct 20, 2021
$3,506,600
Location Intelligence
Property ID
US66-3105716
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Childrens Hospital Child Lab / Medical Laboratory
  • Hensel Elizabeth D / Physical Therapist
  • Lawrence Vickie L / Physical Therapist
  • Domir Ethel L / Physical Therapist
  • Hematology Oncology Consultants / Medical Clinic / Hematologist

Property Details for 1069 Delaware Ave

Year built
1995
Lot size
1.49 lot acres
Property type
Medical offices
Property subtype
Medical centers
APN
12-341020.0601
APU
123410200601

Description

This exceptional medical office building offers three available suites ranging from 1,505 to 2,090 square feet, perfectly situated in Marion County, Ohio. The single-story building boasts excellent visibility and accessibility, enjoying prominent frontage on Delaware Parkway, conveniently located just outside OhioHealth Marion General Hospital. This strategic location ensures high patient traffic and strong brand recognition. The property features a desirable mix of co-tenants, including established medical practices such as OhioHealth, Children's Hospital, and primary care physicians, creating a collaborative and thriving medical environment. The building's single-story design provides easy navigation and accessibility for patients and staff. Potential tenants will benefit from the opportunity to customize their space with available tenant improvement options, allowing for the creation of a functional and aesthetically pleasing office environment tailored to their specific needs. This is an unparalleled opportunity to establish or expand a medical practice in a high-demand location with a strong existing medical community. The suites are available for lease, offering a flexible and adaptable space to meet the requirements of various medical specialties. Interested parties are encouraged to inquire for further details and leasing information. The property's prime location and established medical presence make it an ideal investment for healthcare professionals seeking a thriving and convenient location for their practice.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,905,000
  • CAP approach

    CAP return
    Estimation
    6%
    $3,740,000
    6.5%
    $3,645,000
    7%
    $3,225,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $3,160,000
    Geo Method
    $3,070,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $3,665,000
    Retail
    $3,875,000
    Mixed-Use
    $4,345,000
    Hospitality
    $3,780,000
    Educational
    $3,910,000
    Residential Income
    $4,185,000
    Energy
    $3,465,000
    Income-Based Land
    $4,065,000
    Food Service
    $3,645,000

Location Insight

  • Map
  • Local Demand
City
Marion
County
Marion
State
Ohio
Longitude
-83.1234
Latitude
40.5702
CBSA code
32020
CBSA name
MARION, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,249
$20,860
$762,130
$782,990
-
$59,600
$2,177,510
$2,237,110
More about this property
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