Property profile

336 29th St Ashland, KY 41101

OFF-MARKET
Commercial real estate
Property ID
US34-0655962
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional medical office property, located at 336 29th Street in Ashland, Kentucky, presents a unique investment opportunity. The property consists of two well-designed suites totaling between 5,001 and 7,500 square feet, situated within a premier medical building. Suite 301 boasts approximately 3,400 square feet, featuring a large waiting area, multiple exam rooms, a sizable procedure room, and two private offices. Suite 302 offers approximately 1,800 square feet, including a spacious waiting room and several exam and procedure rooms. These suites are easily combinable to occupy the entire third floor, providing significant flexibility for expansion or consolidation. The building is equipped with an elevator accommodating stretchers, an ambulance bay, and ample parking, catering to the specific needs of medical practices. Its strategic location near King's Daughters Medical Center ensures high visibility and accessibility. The property is zoned B2 and is offered at an asking price of $790,000. Floor plans are available upon request. The property's convenient location offers easy access to West Virginia and Ohio, expanding its potential market reach. Consider the option to lease this exceptional space.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 038-08-08-009.00-X001
UPID US34-0655962

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Medical Clinic
  • Physician Medical Clinic
  • Pediatrician Medical Clinic

Location

336 29th St Ashland, KY 41101-1900
Ashland metro Census 30200 HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

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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