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Property profile & analytics
OFF-MARKET Estimated value $1,335,000
Medical Office Space

20 Wenger Rd Englewood, OH 45322-2744

10,176 SF 1.95 ac lot Built 2007
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-1992160
Property summary
AI-generated overview

This exceptional 2,456 square foot medical office space is situated within a larger 11,718 square foot building located at 20 W Wenger Rd, Montgomery County. Built in 2007, this single-story building features an attractive vestibule entrance and a shared waiting area, creating a welcoming atmosphere for patients. The space includes light-filled exterior offices and private exam rooms, designed for optimal functionality and patient privacy. Ample on-site parking ensures convenient access for both staff and patients. The property boasts a desirable location, conveniently positioned between Taywood Road and State Route 48, offering excellent visibility and accessibility. The zoning is C4. The property sits on 1.32 acres of land (APN: M57-00805-0002) and includes a total of 11,718 square feet, with 2,456 square feet currently vacant and available for lease. The lease rate is $12 per square foot, modified gross, and a tenant improvement allowance is negotiable. The building does not have elevators. This is a multi-tenant building. This property presents a fantastic opportunity for medical professionals seeking a well-appointed and conveniently located office space.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2007
Total area 10,176 SF
Lot 1.95 ac (84,942 SF)
APN M57 00805 0002
UPID US66-1992160
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
  • HWC Women’s Research Center Medical Laboratory
  • Donald A. Pelsor, MD, FAAP Pediatrician Medical Clinic
  • Jill Goff Physician
  • Lisa Mcgarry Physician
  • Dr. Seema Sharma, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$990k
CAP Approach CAP
$1.32M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M
Owner & transaction history
20 West Wenger Rd LLC · 3 yrs held
20 West Wenger Rd LLC
since 2023
Last sale
$1.4M
7 recorded transactions
2023
$1.4M
2019
Price N/A
2016
$2.1M
2015
Price N/A
2007
Price N/A
2006
$250,000
2004
$130,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $845,000 +100.4%
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