1069 Delaware AveMarion, OH 43302

  • Healthcare properties
  • 1.49 AC
For Lease

Property Details for 1069 Delaware Ave

Year built
1995
Lot size
1.49 AC
Property type
Healthcare properties
Property subtype
Medical offices
APN
12-341020.0601
APU
123410200601

Description

This exceptional medical office building offers three available suites ranging from 1,505 to 2,090 square feet, perfectly situated in Marion County, Ohio. The single-story building boasts excellent visibility and accessibility, enjoying prominent frontage on Delaware Parkway, conveniently located just outside OhioHealth Marion General Hospital. This strategic location ensures high patient traffic and strong brand recognition. The property features a desirable mix of co-tenants, including established medical practices such as OhioHealth, Children's Hospital, and primary care physicians, creating a collaborative and thriving medical environment. The building's single-story design provides easy navigation and accessibility for patients and staff. Potential tenants will benefit from the opportunity to customize their space with available tenant improvement options, allowing for the creation of a functional and aesthetically pleasing office environment tailored to their specific needs. This is an unparalleled opportunity to establish or expand a medical practice in a high-demand location with a strong existing medical community. The suites are available for lease, offering a flexible and adaptable space to meet the requirements of various medical specialties. Interested parties are encouraged to inquire for further details and leasing information. The property's prime location and established medical presence make it an ideal investment for healthcare professionals seeking a thriving and convenient location for their practice.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,592,001
    6.5%
    $8,854,154
    7%
    $8,221,714
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,067,098
    Geo Method
    $6,067,098
  • Alternative Use

    Use
    Valuation
    Residential
    $10,979,151
    Hospitality
    $10,056,844
    Educational
    $8,367,176
    Medical
    $8,654,936
    Retail
    $13,015,607
1069 Delaware Ave, Marion, Ohio

Location Insight

City
Marion
County
Marion
State
Ohio
Latitude
40.5702
Longitude
-83.1234
CBSA code
32020
CBSA name
MARION, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,249
$20,860
$762,130
$782,990
-
$59,600
$2,177,510
$2,237,110

FAQs

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