Property profile

114 Renick Ave Chillicothe, OH 45601

OFF-MARKET
Medical Office Space
Property ID
US66-2898879
2,080 SF 0.16 ac lot Built 1996
Individually Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 2,200 square foot office/retail building, located at 114 Renick Ave in Chillicothe, Ohio, is available for lease. The property is classified as Class C and is situated on a corner lot offering excellent visibility and accessibility. Its convenient location is just off East Main Street (OH-50) at the intersection of US-23, ensuring easy access for both employees and customers. Ample parking is available on-site, and the building offers the potential for pylon signage. Currently configured as office space, the building is adaptable to retail use, featuring large double rear doors ideal for deliveries. The entire 2,200 square feet is vacant and ready for immediate occupancy. The property is in Ross County, Ohio, zip code 45601, and falls within the Chillicothe submarket. This single-tenant building presents a unique opportunity for businesses seeking a well-located and versatile space in a thriving community. The building's layout is easily adaptable to various business needs, making it an attractive option for a wide range of potential tenants. The prime location and ample parking make this property an ideal choice for businesses seeking high visibility and convenient access for their clients.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Construction CONCRETE BLOCKS
Total area 2,080 SF
Lot 0.16 ac (7,187 SF)
APN 30-56-57-106.000
UPID US66-2898879

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
  • Foster Care Service Social Service Agency
  • Medical Clinic
  • Medical School

Location

114 Renick Ave Chillicothe, OH 45601-2879
Chillicothe metro Census 956500 CHILLICOTHE, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

1 recorded transaction
1969
Price N/A

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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