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Property profile & analytics
OFF-MARKET Estimated value $3,270,000
Medical Office Space

1069 Delaware Ave Marion, OH 43302-1400

1.49 ac lot Built 1995
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-3105716
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Lot 1.49 ac (64,861 SF)
APN 12-341020.0601
UPID US66-3105716
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Childrens Hospital Child Lab Medical Laboratory
  • Hensel Elizabeth D Physician
  • Lawrence Vickie L Physician
  • Domir Ethel L Physician
  • Hematology Oncology Consultants Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.27M
Owner & transaction history
Chct Ohio LLC · 4 yrs held
Chct Ohio LLC
since 2021
Last sale
$3.5M
2 recorded transactions
2021
$3.5M
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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