Property profile

770 High St Lima, OH 45801

OFF-MARKET
Medical Office Space
Property ID
US66-1617991
101,362 SF 2.78 ac lot Built 1999
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical office building, located at 770 W High St, Lima, OH 45801, offers 5 available suites ranging from 1,548 to 6,320 square feet. Situated within the Mercy Health - St. Rita's medical office complex, this handsome four-story building boasts a striking covered patient drop-off area leading to a spacious atrium. The classic lobby creates a professional atmosphere, while upper-floor lobbies feature balconies overlooking the atrium. Two hospital-grade elevators ensure convenient access to all floors. The building's strategic location on the second floor places it at the heart of the medical complex, directly connected via climate-controlled skyway bridges to a five-story parking garage and adjacent medical buildings, including Mercy Health - St. Rita's Hospital. Ample surface parking is available for patient and visitor convenience, with dedicated staff parking within the connected garage. This property presents a unique opportunity for medical professionals seeking a prestigious and well-connected location within a thriving healthcare environment. The building's design and amenities cater to both patients and staff, ensuring a seamless and efficient workflow. Multiple suite sizes are available to accommodate various practice needs.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Total area 101,362 SF
Lot 2.78 ac (120,879 SF)
APN 36-3605-17-014.000
UPID US66-1617991

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
  • Physician Medical Clinic
  • Medical Clinic Hospital
  • Medical Clinic
  • Physician Medical Clinic
  • Physician

Location

770 High St Lima, OH 45801-3990
Lima metro Census 12900 LIMA, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.24M
Blend (final) Blend
$7.98M

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $8.0M +15.9%

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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