3244 Bailey NW St Massillon, OH 44646-3616
- Medical offices
- 11,298 SF
- 0.52 lot acres
Current Use by Public Records
- Pamela Moretta, PT / Physical Therapist
- James Walker, PT / Physical Therapist
- Tri County Orthopedic / Orthopedic Clinic / Podiatrist
- Tri County Ortho Surgeons Inc / Orthopedic Clinic
- Dr. Jeffrey M. Cochran, DO / Orthopedic Surgeon
Property Details for 3244 Bailey NW St
- Year built
- 1974
- Construction
- FRAME
- Lot size
- 0.52 lot acres
- Property size
- 11,298 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 43-10405
- APU
- 4310405
Description
This exceptional 11,166 square foot single-tenant office building, constructed in 1974, presents a unique investment opportunity. Situated on a nearly one-acre lot (0.96 acres) in Massillon, Ohio, this property boasts a prime location adjacent to a new school, assisted living facility, and other offices, within a residential neighborhood. The building features a well-maintained brick exterior, ample parking (60 spaces), and convenient access via two entrances (one covered). The interior comprises a spacious main level (over 5,500 sq ft) and a full lower level (also over 5,500 sq ft), both with multiple offices, restrooms, and storage areas. The main level previously housed seven exam rooms and an X-ray room, while the lower level offered space for physical therapy. The property includes an elevator, separate HVAC systems for each level, a wired security/fire/lighting system, and public water/sewer. Zoned R4, this versatile property is ideal for continued medical use or other professional purposes. Available for sale or lease on a NNN basis. Property APN: 4310405, 4316354, 4312525. Taxes are $1.28 per square foot.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $195,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $170,000
- Geo Method
- $165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $160,000
- Retail
- $170,000
- Mixed-Use
- $205,000
- Hospitality
- $160,000
- Educational
- $210,000
- Residential Income
- $210,000
- Energy
- $175,000
- Income-Based Land
- $185,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Massillon
- County
- Stark
- State
- Ohio
- Longitude
- -81.4731
- Latitude
- 40.7982
- CBSA code
- 15940
- CBSA name
- CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA