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    Automotive Repair & Wash Facility Title is generated by Realmo AI

    1854 State Route 49, Arcanum, OH 45304

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    Claim this Listing
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    For Sale
    $1,200,000

    COMMERCIAL - Arcanum, OH

    Property size:
    9,984 SF
    Lot size:
    1.96 Acres
    Price / SF:
    $120/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 3:06 pm

    Property Features for 1854 State Route 49

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security System
    Exterior features
    Loading Dock(s)
    Fencing
    Fenced
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    K39030813000010501
    Size
    9,984 SF
    Lot size
    1.96 Acres

    Taxes and HOA fees

    Tax Year
    2025

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    2015
    Building materials
    Metal Siding

    We can help!

    Listing Contact
    Jeff Rademachir

    Listing agent Jeff Rademachir

    Listing office First Choice Realty 1400 Wagner Ave., Greenville, OH

    Listing date Jun 2, 2026

    MLS# 1046077

    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

    • Metal‑sided buildings: 60' x 120' (includes 60' x 60' showroom) plus a 40' x 64' pole barn for storage
    • Workshop space is 60' x 60' with 14' ceiling, including overhead doors 16' x 14' and 8' x 8'
    • Back building includes 3 overhead doors: 16' x 14' and two 8' x 8'
    • Wash bay added in 2024: 14' x 16'
    • Business equipment included: 2017 Chevy truck (~100,000 miles), 16' aluminum trailer, 2018 forklift, air compressor, tire changer, and 9 lifts
    • Utilities/services: propane (plus electric water heater), well water, and septic tank; central air and forced‑air propane HVAC

    Overview

    This turnkey automotive repair and small engine service setup includes both the operating business and the core equipment used to run it day to day. The facility features a showroom area and a large workshop, with counters, display units, and shelf units staying with the property. The workshop includes a loft storage area, a sharpening room, and a break room with an office above, plus propane forced air heat-A/C units. Equipment conveyed includes a 2017 Chevy truck (approx. 100,000 miles), a 16' aluminum trailer, a 2018 forklift, an air compressor, tire changer, drill press, nine lifts, fuel tank, parts cleaner, blade sharpener, chain saw sharpener, and a computer system, along with additional displays and tools; inventory is changing and a complete list is not available at this time.

    The property is located on State Route 49 in Darke County, Arcanum. The main buildings are 60' x 120' with a 60' x 60' showroom for retail. The workshop is 60' x 60' with a 14' ceiling and two overhead doors (16' x 14' and 8' x 8'). A back building consists of a 40' x 64' pole barn for storage, with three overhead doors (16' x 14' and two 8' x 8'). A wash bay was added in 2024 (14' x 16').

    For an owner-operator, this configuration supports an efficient mix of customer-facing retail and in-shop work, with multiple lift-ready bays and straightforward loading through overhead doors. The included customer base and the extensive service equipment make it well-suited for experienced operators seeking a ready-to-run automotive or small engine repair business, while the added wash bay expands service potential beyond shop work.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Auto Repair Shop Auto Parts Store

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

    Similar Places Nearby

    • T & C Motorsports Small Engine Sales & Service — 1854 OH-49, Arcanum, OH 45304

    Location Insight

    • Map
    • Local Demand
    City
    Arcanum
    County
    Darke
    State
    Ohio
    Longitude
    -84.487546
    Latitude
    39.972168

    Nearby Similar for Sale

    • $875,000
      9,984 SF

      Commercial Showroom and Workshop

      Two building complex includes a showroom, workshop, pole barn storage, and a 2024-added wash bay.
      1854 State Route 49, Arcanum, OH 45304
      View Details
    • $51,500

      Land For Sale Arcanum, OH

      Land available for purchase in Arcanum, Ohio.
      21 Wheatland Drive, Arcanum, OH 45304
      View Details

    FAQs

    What type of property is this?
    Auto shop - Turnkey small engine repair operation with dedicated showroom, workshop, multiple overhead doors, and a 2024 wash bay addition.
    Where is this auto shop located?
    The property is located at 1854 State Route 49 Arcanum, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Metal‑sided buildings: 60' x 120' (includes 60' x 60' showroom) plus a 40' x 64' pole barn for storage; Workshop space is 60' x 60' with 14' ceiling, including overhead doors 16' x 14' and 8' x 8'; Back building includes 3 overhead doors: 16' x 14' and two 8' x 8'
    (937) 548-5464
    We can help!
    Listing Contact
    Jeff Rademachir
    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.

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