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Property profile & analytics
FOR LEASE
Retail space

2499 W Market St Tiffin, OH 44883

15,360 SF 1 ac lot Built 1990
Entity Owned 5-yr Hold Free & Clear
Property ID
US66-3098918
Property summary
AI-generated overview

This exceptional 15,300-square-foot medical office building, located at 2499 W Market St, Tiffin, OH 44883, presents a unique investment opportunity. Situated at the intersection of SR 18 and US 224, this single-story Class B building boasts a prime location in a vibrant retail area. The property underwent a complete renovation in 2023, ensuring modern and efficient spaces for medical practices. Currently, 2,600 square feet of space is available for lease within the single-tenant building. The building features ample parking with 32 spaces available for patients and staff. Built in 1990, the property benefits from a robust 200 amp/2020V power supply. Its convenient location offers easy access to Tiffin University and downtown Tiffin, both less than two miles away. The proximity to Heidelberg University further enhances the property's appeal, providing access to a large student population. The property is zoned C-2 General Commercial, allowing for a variety of medical uses. This is an excellent opportunity to establish or expand a medical practice in a thriving community. The building's recent renovation ensures modern amenities and a comfortable environment for both patients and staff. Contact us today to learn more about this exceptional property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 15,360 SF
Lot 1 ac (43,691 SF)
APN Q56030331680600
UPID US66-3098918
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Mif Tiffin LLC · 5 yrs held
Mif Tiffin LLC
since 2021
Last sale
$560,000
2 recorded transactions
2021
$560,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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