20 Wenger RdEnglewood, OH 45322

Property Details for 20 Wenger Rd

Year built

2007

Lot size

1.95 AC

Property size (Sq ft)

10,176 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

M57 00805 0002

APU

M57008050002

Description

This exceptional 2,456 square foot medical office space is situated within a larger 11,718 square foot building located at 20 W Wenger Rd, Montgomery County. Built in 2007, this single-story building features an attractive vestibule entrance and a shared waiting area, creating a welcoming atmosphere for patients. The space includes light-filled exterior offices and private exam rooms, designed for optimal functionality and patient privacy. Ample on-site parking ensures convenient access for both staff and patients. The property boasts a desirable location, conveniently positioned between Taywood Road and State Route 48, offering excellent visibility and accessibility. The zoning is C4. The property sits on 1.32 acres of land (APN: M57-00805-0002) and includes a total of 11,718 square feet, with 2,456 square feet currently vacant and available for lease. The lease rate is $12 per square foot, modified gross, and a tenant improvement allowance is negotiable. The building does not have elevators. This is a multi-tenant building. This property presents a fantastic opportunity for medical professionals seeking a well-appointed and conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,952,619

  6.5%

  $1,802,418

  7%

  $1,673,674

• Comparable approach

  Method

  Valuation

  Relative Method

  $200,365

  Geo Method

  $200,365

• Alternative Use

  Use

  Valuation

  Residential

  $2,234,998

  Hospitality

  $2,047,246

  Educational

  $1,703,285

  Medical

  $1,761,863

  Retail

  $2,649,554

Location Insight

City

Englewood

County

Montgomery

State

Ohio

Latitude

39.8617

Longitude

-84.2878

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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