80 Logan Thornville RdBremen, OH 43107

Property Details for 80 Logan Thornville Rd

Year built

1998

Construction

STEEL FRAME

Lot size

13.04 AC

Property size (Sq ft)

2,185 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

034-00191.00

APU

340019100

Description

This exceptional mixed-use property, located at 80 Logan Thornville Road in Bremen, Ohio, presents a unique investment opportunity. The 2,185 square foot office building is ideally suited for a variety of medical or professional uses. The interior layout includes a welcoming waiting room, a dedicated reception area, three individual exam rooms, a larger procedure room perfect for minor surgeries or specialized treatments, a convenient break room for staff, and two restrooms. The building's functionality and layout offer immediate usability for a range of businesses. Beyond the office building lies the significant potential of 13.04 acres of land, currently utilized for farming. This expansive acreage offers considerable flexibility for future development or continued agricultural use, presenting a multitude of options for expansion or diversification. The property's combination of a well-appointed office space and substantial land provides a rare blend of immediate income potential and long-term growth opportunities. The location in Bremen, Ohio offers access to local amenities and a supportive community. This property is priced to sell and represents an excellent value for a discerning buyer seeking a versatile and profitable investment. Serious inquiries are encouraged to explore the full potential of this remarkable offering.

• CAP approach

  CAP return

  Valuation

  6%

  $380,341

  6.5%

  $351,084

  7%

  $326,007

• Comparable approach

  Method

  Valuation

  Relative Method

  $204,385

  Geo Method

  $204,385

• Alternative Use

  Use

  Valuation

  Residential

  $435,345

  Hospitality

  $398,773

  Educational

  $331,775

  Medical

  $343,185

  Retail

  $516,094

Location Insight

City

Bremen

County

Fairfield

State

Ohio

Latitude

39.7181

Longitude

-82.423

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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