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Property profile & analytics
OFF-MARKET
Medical Office Space

406 Main St Fort Loramie, OH 45845-8715

2,795 SF 0.31 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US66-3116751
Property summary
AI-generated overview

This exceptional 2,795 square foot medical office building is located at 406 S Main Street in Fort Loramie, Ohio, and is offered at $525,000. The property boasts a convenient location in Shelby County, Ohio, with ample parking including four dedicated spaces. The main floor features five individual medical offices, flexible workspace, a reception desk area, a reception room, two full bathrooms, a half bathroom, and a dedicated handwashing station. The layout is well-suited for a variety of medical practices or office uses. A full finished basement provides additional flexible space, storage, and a full bathroom, offering significant expansion potential or extra storage. This turnkey property presents a fantastic opportunity for medical professionals or investors seeking a well-maintained and functional space in a desirable location. The property is ready for immediate occupancy and offers a strong return on investment. The building's size and layout provide flexibility for a range of medical or office uses, making it an attractive option for various businesses. The inclusion of ample parking further enhances its appeal and practicality. This is a rare opportunity to acquire a well-established medical office building in a thriving community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Construction WOOD FRAME
Total area 2,795 SF
Lot 0.31 ac (13,329 SF)
APN 31-1707153.012
UPID US66-3116751
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
DETRICK PROPERTIES LLC
DETRICK PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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