656 Chestnut StCoshocton, OH 43812

  • Medical offices
  • 2,562 SF
For Sale
$700,000 View listing

Property Details for 656 Chestnut St

Year built
1982
Construction
WOOD
Lot size
0.42 AC
Property size (Sq ft)
2,562 SF
Property type
Medical offices
Property subtype
Medical centers
APN
430000463800
APU
430000463800

Description

This meticulously maintained 2,562 square foot medical office building at 656 Chestnut Street, Coshocton, OH, presents a fantastic opportunity. Situated on a 0.42-acre lot, the property boasts a spacious waiting room with a dedicated patient restroom, a reception area with a convenient attached file room, a staff restroom, and a lunchroom. The building also includes two private doctor's offices sharing a restroom, five exam rooms, and a separate utility/storage room. A significant advantage is the ample parking, with 24 spaces available in a private lot. The building's features extend to a newer metal roof and updated LED lighting, contributing to both energy efficiency and low maintenance costs. The property is ideally suited for a new medical practice or savvy investors seeking a well-maintained asset. Its versatility extends beyond medical use

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $487,234
    6.5%
    $449,754
    7%
    $417,629
  • Comparable approach

    Method
    Valuation
    Relative Method
    $239,649
    Geo Method
    $239,649
  • Alternative Use

    Use
    Valuation
    Residential
    $557,695
    Hospitality
    $510,846
    Educational
    $425,018
    Medical
    $439,635
    Retail
    $661,139

Location Insight

City
Coshocton
County
Coshocton
State
Ohio
Latitude
40.2752
Longitude
-81.8597
CBSA code
18740
CBSA name
COSHOCTON, 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
$4,808
$21,851
$56,466
$78,317
-
$62,430
$161,330
$223,760

FAQs

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