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Property Description
Medical Office Investment Opportunity - 12.5%+ CAP Rate | Bellevue Strong medical office investment opportunity featuring an updated office building situated on an attractive nearly 10-acre site with excellent visibility and access from RT 4 and RT 113. The property offers a 12.5%+ CAP rate with a 5-year lease that commenced June 1, 2025 and runs through May 31, 2030. Landlord is responsible for real estate taxes, insurance, and maintenance. Currently operating as a medical office, the functional layout includes two waiting rooms, reception area with administrative office, nurses' station, nine exam rooms, physician office, three procedure rooms, lead-lined X-ray room, research room, kitchen/break room, four restrooms, and an IT/utility closet. The site provides 40+ parking spaces for staff and patients and features dual access points from RT 4 and RT 113, offering convenient ingress and egress. The building underwent a full office renovation in 2018, with new furnaces installed in 2024, providing investors a well-maintained asset with recent capital improvements.
Full Property Details
Full Property Details for 5433 State Route 113
General
- Price: $405,000
- Taxes: $5,349 (2025)
- Status: Active
- Type: Office
- Source: 505
- MLS ID: 5190798
- Updated: 3/5/2026
- Added to Site: 5 day(s) ago
Parking
- Total Spaces: 40
Location
- County: Huron
- Township: Lyme Twp
- Driving Directions: US 20 W to Beckstein Road, turn right onto OH-4 N
School Information
- Elem School District: Bellevue CSD - 3901
- Midd School District: Bellevue CSD - 3901
- High School District: Bellevue CSD - 3901
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Roof: Asphalt
- Stories/Levels: 1
- Current Bldg. Use: Medical/Dental
- Year Built: 1968
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 9.997
- Lot Size: 9.997
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $5,349.52
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: SEC 2 LOT 26
- Property ID: 20-039A-01-001-0000
Listed by RE/MAX Quality Realty, Frank Van Dresser
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Schools
Schools serving 5433 State Route 113
School District:Bellevue City School District
| Name | Grades | Distance |
|---|---|---|
Bellevue Elementary School 1150 Castalia Street, Bellevue, OH 44811 | PK-5 | 2.5 mi |
Bellevue Middle School 1035 Castalia Street, Bellevue, OH 44811 | 6-8 | 2.6 mi |
Bellevue High School, Bellevue, OH 200 Oakland Avenue, Bellevue, OH 44811 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5433 State Route 113
Date
Details
Price
Change
Source
3/05/2026
Listed
$405,000
35%
MLS
9/05/2008
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5433 State Route 113
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$80,860
13%
2023
-100%
$71,810
—
2021
$4,057
-5%
$71,810
—
2022
$4,276
1%
$71,810
-2%
2020
$4,244
1%
$73,620
—
2019
$4,220
1%
$73,620
—
2018
$4,189
-6%
$73,620
-9%
2017
$4,446
—
$80,580
—
2016
$4,454
-2%
$80,580
—
2015
$4,545
-2%
$80,578
—
2014
$4,652
1%
$80,605
—
2013
$4,626
2%
$80,605
—
2012
$4,556
—
$80,605
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5433 State Route 113
5433 State Route 113, Bellevue, OH 44811 (MLS# 5190798) is a Office property. 5433 State Route 113 is currently listed for $405,000 and was received on March 05, 2026. Want to learn more about 5433 State Route 113? Do you have questions about finding other Office real estate for sale in Bellevue? You can browse all Bellevue real estate or contact a Coldwell Banker agent to request more information.

