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    454 W Central Ave Delaware, OH 43015
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    Property profile & analytics

    454 W Central Ave, Delaware, OH 43015

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    • Medical Office Space
    • 3,810 SF
    • 1.05 lot acres
    Medical Office Space For Lease For Lease
    $15 SF/Yr

    Medical Office Space For Lease

    Medical office space available for lease in Delaware, Ohio.

    454 W Central Ave, Delaware, OH 43015
    View Listing
    Property ID
    US66-6123992
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $505,000
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 454 W Central Ave

    Year built
    1991
    Lot size
    1.05 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    519-341-05-036-000
    APU
    51934105036000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 28, 2016 $800,000 Everest West Cenral LLC Gerald T French Fiduciary Deed $3.8M · Liberty National Bank
    Jul 13, 2012 — French Gerald T Family Trust French,gerald T Quit Claim Deed · related —
    — — Gerald T French — Deed Of Trust · related $600k · Huntington National Bank

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $305,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $670,000
      6.5%
      $620,000
      7%
      $575,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $303,000
      Market price range: $121k - $303k
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $625,000
      Current use
      COMMERCIAL (GENERAL)
      $755,000
      Change: +20% Conversion: Easy
      AUTO REPAIR, GARAGE
      $560,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Delaware
    County
    Delaware
    State
    Ohio
    Longitude
    -83.0842
    Latitude
    40.3055
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,240
    $54,010
    $292,220
    $346,230
    -
    $154,300
    $834,900
    $989,200
    View Listing
    More about this property
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