Property profile

365 S Crown Hill Rd Orrville, OH 44667

FOR LEASE
Medical Office Space
Property ID
US66-6287589
11,024 SF 2.1 ac lot Built 1981
Individually Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional two-story medical office building, located at 365 S Crown Hill Rd in Orrville, Ohio, presents a unique leasing opportunity. The property boasts a total of 22,271 square feet, currently entirely vacant and available for lease. The building is comprised of two suites, with a minimum divisible space of 11,091 square feet and a maximum contiguous space of 11,180 square feet, offering flexibility for various medical practices. Built in 1981 and renovated in 1998, the Class B building is situated on a generous 2.11-acre lot, providing ample parking for patients and staff. Conveniently located in Wayne County, Ohio, with a zip code of 44667, the property features modern amenities including elevators. The C1 office zoning ensures suitability for a wide range of medical uses. The property's address is 365 S Crown Hill Rd, Orrville, OH 44667, and its APN is 59-02525.000. This is an excellent opportunity to establish or expand a medical practice in a well-maintained building with significant space and convenient parking. The building's size and layout offer potential for multiple tenants or a single large practice. Inquire today to learn more about this exceptional property.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Total area 11,024 SF
Lot 2.1 ac (91,607 SF)
APN 59-02525-000
UPID US66-6287589

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
  • Physician
  • Pediatrician Physician
  • Medical Laboratory
  • Gym & Fitness Center

Location

365 S Crown Hill Rd Orrville, OH 44667
Orrville metro Census 1300 WOOSTER, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$753k
Blend (final) Blend
$430k

Owner & transaction history

since 2004
1 recorded transaction
2004
$1.1M

Zoning & alternative use

Top alternative use upside
Auto repair, garage $905,000 +41.2%
Restaurant $865,000 +35.2%
Retail stores $780,000 +21.8%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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