72 Plaza BlvdChillicothe, OH 45601

Property Details for 72 Plaza Blvd

Year built

2012

Construction

BRICK

Lot size

1.19 AC

Property size (Sq ft)

9,360 SF

Property type

Office properties

Property subtype

Office buildings

APN

30-54-59-124.000

APU

305459124000

Description

This exceptional office space, totaling 1,200 square feet, is ideally situated in Chillicothe's prime office and retail district at 72 N Plaza Blvd, Chillicothe, OH 45601. The property is classified as a Class B building and offers a flexible layout suitable for various business needs, including traditional office and medical office uses. Currently, there is 1,200 square feet of immediately available space. The space is move-in ready, eliminating the need for extensive renovations. Ample parking is conveniently located for both employees and clients. The lease rate is competitively priced at $14.00 per square foot, triple net (NNN), plus an additional $3.00 for operating expenses. This Ross County location provides easy access to major roadways and amenities, making it an attractive option for businesses seeking a well-positioned and functional office space. The property features multiple tenancies, suggesting a vibrant and established business community. This is a fantastic opportunity to establish or expand your business in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,577,657

  6.5%

  $1,456,299

  7%

  $1,352,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $875,534

  Geo Method

  $875,534

• Alternative Use

  Use

  Valuation

  Residential

  $1,805,811

  Hospitality

  $1,654,113

  Educational

  $1,376,203

  Medical

  $1,423,532

  Retail

  $2,140,760

Location Insight

City

Chillicothe

County

Ross

State

Ohio

Latitude

39.3509

Longitude

-82.9809

CBSA code

17060

CBSA name

CHILLICOTHE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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