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    Industrial Outbuilding and Acreage Title is generated by Realmo AI

    1274 Township Road 204, Bellefontaine, OH 43311

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    Claim this Listing
    For Sale
    $795,000

    COMMERCIAL - Other - Bellefontaine, OH

    Property size:
    9,600 SF
    Lot size:
    12.71 Acres
    Price / SF:
    $82/SF
    Added:
    Jan 15, 2026
    Days on Market:
    163
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 1274 Township Road 204

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    15
    Standard status
    Active
    APN
    080900000047001
    Size
    9,600 SF
    Lot size
    12.71 Acres

    Taxes and HOA fees

    Tax Year
    2025

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Propane (Heating)
    Water source
    Well

    Building Details

    Year built
    2005
    Building materials
    Metal Siding
    Architectural style
    Other
    Additional Structures
    Outbuilding

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    Contact an agent
    Bryn Daring-Stewart

    Listing agent Bryn Daring-Stewart License #2012000044

    Listing office Royer Realty LLC 301 E Columbus Ave., Bellefontaine, OH

    Listing date Jan 15, 2026

    MLS# 1043333

    Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • massive 160x60' outbuilding built in 2005 with seven overhead doors, concrete floors, and full electricity
    • 12.7‑acre property with gently rolling terrain, varied topography, and scenic walking/ATV trails
    • multi‑use potential for building a dream home, starting a business, farming, hunting, recreation, or a rural retreat
    • located in logan county, ohio, offering a picturesque setting and country life
    • utilities include well water, septic tank, and propane heating
    • outbuilding construction is metal siding, built in 2005

    Overview

    This 12.71-acre property includes a large outbuilding built in 2005 measuring 160 by 60 feet. The shop is equipped with seven overhead doors, including six doors with approximately 12-foot openings and one 14-foot door, along with concrete floors. The building has full electricity and a fully equipped bathroom. A portion of the space has central HVAC, while the remainder is heated with overhead tube heating to support year-round use.

    The setting is in Logan County near Bellefontaine, Ohio, with gently rolling terrain and varied topography. The land includes scenic walking or ATV trails, a designated camping area, and productive tillable ground. A portion of the property is currently farmed under reserved crop rights, with seven acres listed as farmed.

    The combination of acreage and a high-capacity, overhead-door shop makes this property well suited for business start-up activities, equipment storage, and hands-on rural uses such as hobby farming or recreation. Crop rights are reserved by the farmer, and possession is negotiable, providing flexibility for qualified buyers planning their timeline and on-site operations.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $61.5k $6.41
    − Vacancy −$5.2k −$0.54
    EGI $56.4k $5.87
    − OpEx −$8.5k −$0.88
    NOI $47.9k $4.99
    9,600 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $684.3K
    $598.8K – $798.4K (±1% cap)
    NOI $47,901 @ 7.0% cap · market cap 6.03%
    Second Best
    Industrial
    $563.5K
    $493.1K – $657.5K (±1% cap)
    NOI $39,448 @ 7.0% cap · market cap 4.96%
    Theoretical Best
    Office A
    $1.94M
    $1.70M – $2.26M (±1% cap)
    NOI $135,650 @ 7.0% cap · market cap 17.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Excel Auto Body ... Auto Repair Shop

    Suggested Use

    Auto Repair Shop Kitchen & Bath Showroom Bakery Plumbing Service Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellefontaine
    County
    Logan
    State
    Ohio
    Longitude
    -83.799547
    Latitude
    40.345266

    FAQs

    What type of property is this?
    Land - Rural acreage with a large 2005-built outbuilding, multiple overhead doors, and heated, electrically served shop space.
    Where is this land located?
    The property is located at 1274 Township Road 204 Bellefontaine, OH.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: massive 160x60' outbuilding built in 2005 with seven overhead doors, concrete floors, and full electricity; 12.7‑acre property with gently rolling terrain, varied topography, and scenic walking/ATV trails; multi‑use potential for building a dream home, starting a business, farming, hunting, recreation, or a rural retreat
    More about this property
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