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Property profile & analytics
OFF-MARKET Estimated value $500,000
Medical Office Space

22 Turtle Crk Cir Swanton, OH 43558-8591

15,972 SF 0.45 ac lot Built 2001
Entity Owned 13-yr Hold Free & Clear
Property ID
US66-0089569
Property summary
AI-generated overview

This exceptional medical office space, located at 22 Turtle Creek Cir in Swanton, Ohio, offers two available suites within the Turtle Creek Medical Complex. The building, a Class B property constructed in 2001, boasts a total of 15,972 square feet. Each of the two suites presents a unique opportunity, with a minimum divisible space of 1,901 square feet and a maximum contiguous space of 1,970 square feet. Currently, 3,871 square feet are vacant and ready for immediate occupancy. These suites are particularly well-suited for users requiring specialized floor plans, as they have limited drywall work completed, allowing for customized build-outs. All utilities and plumbing are already in place within each suite, simplifying the setup process. The property is situated in the Swanton submarket of Lucas County, Ohio, and offers a convenient location for medical professionals and businesses. The zip code is 43558. Importantly, both suites have never been previously occupied, presenting a rare opportunity for a pristine, adaptable workspace.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2001
Total area 15,972 SF
Lot 0.45 ac (19,428 SF)
Zoning code 18-B3
APN 75-08834
UPID US66-0089569
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
  • Promedica Health Center-Swanton Medical Laboratory
  • Mercy Health — Swanton Outpatient Rehabilitation and Therapy Medical Clinic
  • Mercy Health - Swanton Lab Services Medical Laboratory Blood Testing Service
  • Kimberly J Woollard Physician
  • Wynona Blausey Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
$661k
Blend (final) Blend
$500k
Owner & transaction history
Zeiter Investment Co Ltd · 13 yrs held
Zeiter Investment Co Ltd
since 2013
3 recorded transactions
2013
$408,000
2004
$2.6M
1969
Price N/A
Zoning & alternative use
18-B3 · Swanton, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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