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Property profile & analytics
FOR LEASE
Medical Office Space

454 West Central Ave Delaware, OH 43015

3,810 SF 1.05 ac lot Built 1991
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US66-6123992
Property summary
AI-generated overview

This exceptional 8,591 square foot medical office building, located at 454-460 W Central Ave in Delaware, Ohio, presents a unique leasing opportunity. The single-story, Class B building, constructed in 1990, offers multiple tenancy options within Delaware County. The entire 8,591 square feet is currently vacant and available for lease, providing flexibility for a variety of medical practices. Spaces can be leased individually, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,810 square feet, allowing for customization to suit specific needs. The property's convenient location in Delaware, Ohio, zip code 43015, ensures easy access for patients and staff. This presents an excellent chance to establish or expand a medical practice in a well-maintained building with ample space. The property is situated in a prime location within Delaware County, offering convenient access to major roadways and local amenities. The building's single-story design provides easy navigation and accessibility. Interested parties are encouraged to inquire about leasing options and explore the potential of this exceptional medical office space. The property is ready for immediate occupancy.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Total area 3,810 SF
Lot 1.05 ac (45,651 SF)
APN 519-341-05-036-000
UPID US66-6123992
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
Current use
Occupant on record · Public records
  • Delaware Internal Medicine Medical Clinic
  • Gerald Thomas French, MD Physician
  • OhioHealth Laboratory Services - Delaware Medical Laboratory
  • OhioHealth Physician Group Primary Care Pediatrician Physician
  • Oakview Dermatology - Delaware Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
$620k
Comparable Approach Comparable
$303k
Blend (final) Blend
$505k
Owner & transaction history
Everest West Cenral LLC · 10 yrs held
Everest West Cenral LLC
since 2016
3 recorded transactions
2016
$800,000
2012
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $755,000 +20.1%
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