7297 Glenn HwyCambridge, OH 43725

Property Details for 7297 Glenn Hwy

Lot size

0.93 AC

Property size (Sq ft)

3,070 SF

Property type

Medical offices

Property subtype

Medical centers

APN

02-0003479.001

APU

20003479001

Description

This well-maintained 3,070 square foot office building in Cambridge, Ohio, presents a fantastic opportunity for medical practices or other professional businesses. Located on Glenn Highway with high traffic counts, this brick building boasts excellent visibility and accessibility, situated conveniently off the interstate. The property features multiple rooms, including a spacious waiting area, several exam rooms (ideal for medical use), and versatile meeting rooms, offering ample space for various needs. A recently updated metal roof ensures long-term durability and low maintenance. The property includes abundant on-site parking, a significant advantage for both staff and clients. Adding to its appeal, this offering encompasses two parcels of land, totaling 0.93 acres, providing ample space and potential for future expansion or development. The asking price is $547,000. The owner is open to considering long-term lease options, providing flexibility for potential tenants. This turnkey property is ready for immediate occupancy and offers a compelling investment opportunity in a high-traffic location. Its versatile layout and convenient location make it an attractive option for a wide range of businesses seeking a well-established and easily accessible space. Don't miss this chance to secure a prime commercial property in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $583,844

  6.5%

  $538,933

  7%

  $500,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $287,168

  Geo Method

  $287,168

• Alternative Use

  Use

  Valuation

  Residential

  $668,277

  Hospitality

  $612,138

  Educational

  $509,291

  Medical

  $526,807

  Retail

  $792,231

Location Insight

City

Cambridge

County

Guernsey

State

Ohio

Latitude

40.024

Longitude

-81.6081

CBSA code

15740

CBSA name

CAMBRIDGE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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