Property profile

2906 Washington Blvd Belpre, OH 45714

OFF-MARKET
Medical Office Space
Property ID
US66-3487019
5,476 SF 0.52 ac lot Built 1969
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,476-square-foot free-standing building, formerly a dialysis clinic, presents a unique investment opportunity. Situated in Washington County, Ohio, this single-tenant property offers convenient access to major transportation arteries, including Washington Boulevard, OH-7, US-50, and I-77, ensuring seamless commutes for staff and clients. Its strategic location near Marietta Memorial Hospital and the Belpre Medical Campus makes it ideally suited for medical practices or other office uses. The building boasts 15 dedicated parking spaces, providing ample convenience for patients and employees. The property is a single-story Class C building and is anticipated to be available for occupancy in late March or early April 2024. The lease rate is $16.00 per square foot, NNN. This presents a compelling opportunity to acquire a well-positioned, functional space in a thriving medical corridor. The building's previous use as a dialysis clinic suggests existing infrastructure suitable for medical practices, potentially reducing renovation costs. The ample parking and convenient location are key advantages in attracting and retaining both staff and clients. This property is ready for immediate occupancy by a discerning tenant seeking a well-located and functional office space.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1969
Total area 5,476 SF
Lot 0.52 ac (22,651 SF)
APN 80039190000
UPID US66-3487019

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
  • Medical Clinic

Location

2906 Washington Blvd Belpre, OH 45714-1848
Belpre metro Census 20101 MARIETTA, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2018
3 recorded transactions
2018
$885,000
2013
Price N/A
2006
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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