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    The Largest CRE Database in the US with Over 1 Million Listings

    873 National Rd Bridgeport, OH 43912

    Sponsored
    For Sale
    $70,000

    SINGLE_FAMILY - Brookside, OH

    Type:Office
    Lot size:
    0.22 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 26 at 7:06 am

    Property Features for 873 National Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Basement
    APN
    23-00359-000
    Parking
    15
    Parking features
    Off Street, Garage, Parking Lot
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Roof type
    Asphalt, Fiberglass

    We can help!

    Listing Contact
    Heidi J Riley

    Cedar One Realty (740) 632-9111

    Listing agent Heidi J Riley (740) 359-0336 License #2008001844

    Listing date Jan 6, 2026

    MLS# 5149628

    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.

    Learn more

    Property Insight Report

    Overview

    Versatile Commercial Property in Brookside

    This commercial property is situated in a high-visibility location with excellent traffic flow. The building offers an adaptable space suitable for offices, retail, medical, or mixed-use opportunities. It features a flexible floor plan to accommodate a wide range of businesses. Ample on-site parking is available, including a large parking area in the rear that, per the owner, can hold up to 16 cars. The seller has installed a new furnace and roof. The property provides convenient access to major highways, shopping, dining, and public transportation. The property is located in Brookside, OH. The lot size is 0.215 acres. Leased Mineral Rights will transfer to the new owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. James Volk, ... Optometrist

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Belmont
    State
    Ohio
    Longitude
    -80.760226
    Latitude
    40.070333

    Nearby Similar for Sale

    • $700,000
      4,620 SF

      Retail Property with Income Sources

      Retail property with lease, billboard, and mineral rights income.
      906 National Rd, Bridgeport, OH 43912
      View Details
    • Contact for pricing
      10,000 SF

      National Road Industrial Property

      Ohio Warehouse Space: For Sale or Lease
      54382 National Rd, Bridgeport, OH 43912
      View Details

    FAQs

    What type of property is this?
    Office building - Adaptable commercial building in high-visibility location with ample parking.
    Where is this office building located?
    The property is located at 873 National Rd Bridgeport, OH.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - High-visibility location with excellent traffic flow.; - Versatile building adaptable for offices, retail, medical, or mixed-use.; - Ample on-site parking for up to 16 cars per owner.
    (740) 359-0336
    Request Owner's contact information
    873 National Rd Bridgeport, OH 43912
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    Bridgeport, OH 43912
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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
    873 National Rd Bridgeport, OH 43912
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    We can help!
    Listing Contact
    Heidi J Riley
    Real Estate License ID: 2008001844
    (740) 359-0336
    Learn more
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