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    10320 Brosius Road Garrettsville, OH 44231

    View on Map
    For Sale
    $395,000

    COMMERCIAL - Garrettsville, OH

    Property size:
    4,200 SF
    Lot size:
    3.71 Acres
    Added:
    Mar 18, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 1 at 6:06 am

    Property Features for 10320 Brosius Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot, Driveway, Garage
    Standard status
    Active
    APN
    25-009-00-00-017-004
    Size
    4,200 SF
    Lot size
    3.71 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    LOT 9
    TaxAnnualAmount
    2164

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Well

    Building Details

    Year built
    1975
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Lauren Patrick
    Lauren Patrick

    Listing agent Lauren Patrick License #2019004431

    Listing office Vincent Patrick Realty 8140 S Wood Dr, Ste. 202, Windham, OH

    Listing date Mar 18, 2026

    MLS# 5194272

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Auto Shop Investment Property

    This commercial property in Garrettsville, Ohio, presents a turnkey auto shop and investment opportunity. Situated on 3.71 acres, the property includes two buildings totaling over 4,200 square feet. The front building, a 48x32 pole building with block construction, features three bay doors (one 12' and two 10') and a loft for storage. Inside, there is an air-conditioned front office and an additional office off the garage. It includes two Twin Post Challenger Lifts at 12,000 lb capacity each and an Ingersoll air compressor. The back building (40x60) has a 10' garage door and open space suitable for equipment, storage, or additional work bays. It is wired with phone and electric for additional offices. The property runs on 200-amp, 3-phase electric service. Exterior updates include vinyl siding (2023), vinyl windows, fiberglass entry doors, and a roof with no known issues. Additional systems include a Gemini alarm system, a Panasonic phone system capable of 10 lines, and an intercom/PA system. A cell tower is located on the east portion of the property, with no lease or royalties associated. An easement over the southern parcel provides additional driveway access and turnaround space. This property is suitable for an auto mechanic, machine shop operator, car dealer, or investor seeking a versatile commercial property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Rick Patrick's Auto Services & Sale — 10320 Brosius Rd, Garrettsville, OH 44231

    Location Insight

    • Map
    • Local Demand
    City
    Garrettsville
    County
    Portage
    State
    Ohio
    Longitude
    -81.0794299
    Latitude
    41.2731658

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    • $399,900
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      Church and House on Lot

      Church and house on 2.2 acre lot for sale.
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    FAQs

    What type of property is this?
    Auto shop - Established commercial property with two buildings on 3.71 acres.
    Where is this auto shop located?
    The property is located at 10320 Brosius Road Garrettsville, OH.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Turnkey auto/shop business opportunity with two well‑maintained buildings totaling over 4,200 sq ft on 3.71 acres, ready for immediate operation.; Includes essential equipment: Two Twin Post Challenger Lifts (12,000 lb capacity each) and an Ingersoll air compressor.; Front building features three bay doors (one 12' and two 10'), loft storage, and air‑conditioned office space.
    (330) 577-3546
    We can help!
    Listing Contact
    Lauren Patrick
    Lauren Patrick
    Real Estate License ID: 2019004431
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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