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Property profile & analytics
OFF-MARKET
Medical Office Space

516 High St Orrville, OH 44667-1538

976 SF 0.28 ac lot Built 1949
Entity Owned Absentee Owner Free & Clear
Property ID
US66-2456907
Property summary
AI-generated overview

This exceptional commercial property, located at 516 W High St in Orrville, Ohio, presents a unique investment opportunity. The property consists of two single-story buildings totaling 1,852 square feet, situated on a 0.28-acre lot. Built in 1949 and classified as Class C, this property offers versatile space ideal for a variety of retail or office uses. The interior features a reception area, lobby, seven individual offices, ample storage rooms, and restrooms. The dual entrances provide flexibility, allowing for potential division of the space to accommodate multiple tenants. Currently vacant, this property is ready for immediate occupancy. The building boasts a newer roof, minimizing immediate maintenance concerns. The property's Wayne County location (APN 59-01396.000) offers convenient access to local amenities and a strong regional market. This is an excellent chance to acquire a well-maintained commercial building in a desirable Ohio location. The property's size and layout make it suitable for a single tenant or could be easily adapted for multiple occupants. Don't miss this opportunity to secure a valuable asset in a thriving community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1949
Construction FRAME
Total area 976 SF
Lot 0.28 ac (12,262 SF)
APN 59-01396-000
UPID US66-2456907
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
5pts LLC
5pts LLC
since 2025
1 recorded transaction
2025
$238,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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