Property profile

1649 Brice Rd Reynoldsburg, OH 43068

OFF-MARKET
Medical Office Space
Property ID
US66-3562810
0.24 ac lot
Individually Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,400-square-foot medical office building is ideally situated at 1649 Brice Road in Reynoldsburg, Ohio, within Franklin County. Currently operating as an urgent care facility, the property boasts a prime location with high visibility to over 31,000 vehicles daily, ensuring significant exposure for your business. The building features a well-designed layout including a reception area, comfortable waiting room, dedicated records area, and multiple exam rooms, all perfectly suited for continued medical use. The property includes 27 convenient parking spaces and prominent monument signage for enhanced visibility and patient accessibility. The building's location offers easy access to public transportation, being only 0.3 miles from the nearest COTA bus stop, catering to a wide range of patients. The existing fixtures, furniture, and equipment (FF&E), which may include X-ray equipment, are potentially available for purchase, providing a seamless transition for a new owner. This presents a unique opportunity to acquire a fully functional medical facility in a densely populated area with excellent visibility and convenient amenities. The property's single-tenant occupancy simplifies management and provides a stable income stream. This turnkey solution is perfect for medical professionals seeking an established practice location or investors looking for a strong return on investment in a thriving market. The property's address is 1649 Brice Rd, Reynoldsburg, OH 43068.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 0.24 ac (10,629 SF)
APN 060-001162
UPID US66-3562810

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
  • Medical Clinic
  • Physician
  • Physician
  • Medical Clinic
  • Physician

Location

1649 Brice Rd Reynoldsburg, OH 43068-2758
Reynoldsburg metro Census 9397 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2003
5 recorded transactions
2004
Price N/A
2003
$50,000
1969
Price N/A
1969
Price N/A
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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