76 Fordway DrVandalia, OH 45377

Property Details for 76 Fordway Dr

Year built

1978

Construction

WOOD

Lot size

0.73 AC

Property size (Sq ft)

7,392 SF

Property type

Office buildings

APN

B02 00509 0004

APU

B02005090004

Description

This exceptional medical office building, located at 76 Fordway Dr in Vandalia, Ohio, presents a fantastic opportunity for healthcare professionals seeking flexible and well-appointed space. The property, a Class B building constructed in 1984, offers a total of 6,845 square feet situated on a 1.15-acre lot. Currently, there are three available suites ranging in size from 570 to 1,560 contiguous square feet, with a total of 2,830 square feet currently vacant. The minimum divisible space is 570 square feet, providing options for various practice sizes. The building is zoned OS and has a Montgomery County APN of B02 00101 0099. Suite 1 offers 1,560 square feet and is available for $1,500 per month. Suite 5 offers 570 square feet at $500 per month, and Suite 6 offers 700 square feet at $575 per month. The property's previous use as a medical office makes it ideally suited for a variety of healthcare practices. This prime location in Vandalia, Ohio (zip code 45377) offers convenient access to major transportation routes and a thriving community. Don't miss this chance to establish or expand your practice in this well-maintained and strategically located building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,418,412

  6.5%

  $1,309,303

  7%

  $1,215,782

• Comparable approach

  Method

  Valuation

  Relative Method

  $145,548

  Geo Method

  $145,548

• Alternative Use

  Use

  Valuation

  Residential

  $1,623,536

  Hospitality

  $1,487,150

  Educational

  $1,237,292

  Medical

  $1,279,844

  Retail

  $1,924,676

Location Insight

City

Vandalia

County

Montgomery

State

Ohio

Latitude

39.8883

Longitude

-84.2152

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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