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750 Park Ave Columbiana, OH 44408-1448

Medical Office Space Google Maps
18,722 SF 6.37 ac lot Built 2000
Entity Owned 24-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$2.59M
Range $2.33M – $2.85M (±10%)
Property ID US66-0429690

Property summary

AI-generated overview

This exceptional 18,722 square foot office building, situated on a generous 6.37-acre lot at 750 E Park Avenue in Columbiana, Ohio, presents a unique investment opportunity. Formerly the Salem Regional Medical Center, the property boasts immaculate condition and is ready for immediate occupancy. The building's substantial size offers ample space for a variety of office uses, making it ideal for a large organization or multiple tenants. Its prime location in Columbiana provides excellent accessibility and visibility. The property is being offered at $3,900,000. Potential buyers should be aware that deed restrictions are in place regarding the permitted usage of the facility. Detailed information concerning these restrictions is available upon request. This is a rare chance to acquire a well-maintained, substantial office building in a desirable location. The expansive layout and move-in ready condition make this property an attractive option for businesses seeking a significant and immediately usable space. The ample acreage offers potential for future expansion or additional development. Serious inquiries are encouraged to explore this exceptional opportunity further. Contact us to schedule a viewing and obtain the complete details regarding the deed restrictions.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Total area 18,722 SF
Lot 6.37 ac (277,451 SF)
APN 18-00080-000
UPID US66-0429690

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
  • Pediatrician Physician
  • Physician
  • Physician
  • Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.94M
Comparable Approach Comparable
$1.96M
Blend (final) Blend
$2.59M

Owner & transaction history

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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