365 Crown Hill RdOrrville, OH 44667
- Healthcare properties
- 11,024 SF
Property Details for 365 Crown Hill Rd
- Year built
- 1981
- Lot size
- 2.10 AC
- Property size (Sq ft)
- 11,024 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 59-02525-000
- APU
- 5902525000
Description
This exceptional two-story medical office building, located at 365 S Crown Hill Rd in Orrville, Ohio, presents a unique leasing opportunity. The property boasts a total of 22,271 square feet, currently entirely vacant and available for lease. The building is comprised of two suites, with a minimum divisible space of 11,091 square feet and a maximum contiguous space of 11,180 square feet, offering flexibility for various medical practices. Built in 1981 and renovated in 1998, the Class B building is situated on a generous 2.11-acre lot, providing ample parking for patients and staff. Conveniently located in Wayne County, Ohio, with a zip code of 44667, the property features modern amenities including elevators. The C1 office zoning ensures suitability for a wide range of medical uses. The property's address is 365 S Crown Hill Rd, Orrville, OH 44667, and its APN is 59-02525.000. This is an excellent opportunity to establish or expand a medical practice in a well-maintained building with significant space and convenient parking. The building's size and layout offer potential for multiple tenants or a single large practice. Inquire today to learn more about this exceptional property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,096,513
- 6.5%
- $1,935,242
- 7%
- $1,797,011
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,031,185
- Geo Method
- $1,031,185
-
Alternative Use
- Use
- Valuation
- Residential
- $2,399,701
- Hospitality
- $2,198,113
- Educational
- $1,828,804
- Medical
- $1,891,700
- Retail
- $2,844,806
Location Insight
- City
- Orrville
- County
- Wayne
- State
- Ohio
- Latitude
- 40.8353
- Longitude
- -81.7852
- CBSA code
- 49300
- CBSA name
- WOOSTER, OH MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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