4207 Gantz RdGrove City, OH 43123

Property Details for 4207 Gantz Rd

Year built

2018

Construction

WOOD

Lot size

1.47 AC

Property size (Sq ft)

6,206 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

040-001278

APU

40001278

Description

This exceptional 6,206 square foot medical office building, constructed in 2018, presents a unique investment opportunity. Situated at 4207 Gantz Road in Grove City, Ohio, 43123, this single-tenant property offers a convenient and accessible location. The building boasts a single story design and features a total of 6,206 square feet of well-maintained space. Its strategic location offers easy access to major transportation arteries, including I-270 and I-71, ensuring convenient commutes for both staff and patients. The property is situated near Grove City's historic Town Center, providing a vibrant and walkable environment with an abundance of shopping, dining, and specialty shops within minutes. Ample parking is available for staff and visitors. The building's modern design and prime location make it an ideal space for a variety of medical practices. The flexible space can accommodate a range of needs, with potential for expansion or modification to suit specific requirements. This property represents a strong investment opportunity in a thriving and growing community. The building's recent construction ensures minimal maintenance needs and long-term value. This is a rare opportunity to acquire a well-located, modern medical office building in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $948,480

  6.5%

  $875,520

  7%

  $812,983

• Comparable approach

  Method

  Valuation

  Relative Method

  $580,509

  Geo Method

  $580,509

• Alternative Use

  Use

  Valuation

  Residential

  $1,085,645

  Hospitality

  $994,445

  Educational

  $827,367

  Medical

  $855,821

  Retail

  $1,287,015

Location Insight

City

Grove City

County

Franklin

State

Ohio

Latitude

39.8766

Longitude

-83.0569

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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