7297 Glenn HwyCambridge, OH 43725

  • Healthcare properties
  • 3,070 SF
For Sale
$547,000 View listing

Property Details for 7297 Glenn Hwy

Lot size
0.93 AC
Property size (Sq ft)
3,070 SF
Property type
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
7297 Glenn Hwy, Cambridge, Ohio

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

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
$5,997
$9,226
$101,405
$110,631
-
$26,360
$289,729
$316,089

FAQs

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