Equipped Auto Repair
For Sale
$575,000
1 Dennison Yard Circle, Dennison, OH 44621
The sale includes the operating repair business, shop equipment, and a dedicated service building.
Property Size4,000 SF
Price / SF$143.75
Days on Market193
Property Features for 1 Dennison Yard Circle
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Business
Automotive
Service Bays
5
Automotive Uses
auto repair
Additional Details
Business Included
Yes
Real Estate Included
Yes
Taxes and HOA fees
Annual Taxes
$2,470
Amenities
offices
bathrooms
reception area
waiting area
second floor office
central air
Building Details
Year Built
2004
Buildings
1
Construction
steel pole building
Tenancy
Single
Listing Agency:
McInturf Realty
Listed By:
Jan A McInturf · License #314352
(330) 343-7603
Source:
Lifestagesrealty
Added: Apr 17
Changed: Oct 26
Last Checked: Oct 26 at 2:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McInturf Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot steel-sided pole building in Dennison, Ohio, was built in 2004 and is offered with the auto repair business and equipment. The layout includes a reception area, offices, a service workshop, and two bathrooms. A separate 12-by-10-foot office occupies the second floor.
Five 14-foot overhead doors provide workshop access, and the service area has five lifts, including one truck lift. Office areas have central air and an electric furnace; the workshop is heated by an oil furnace. Electrical service is 400 amps.
Five 14-foot overhead doors provide workshop access, and the service area has five lifts, including one truck lift. Office areas have central air and an electric furnace; the workshop is heated by an oil furnace. Electrical service is 400 amps.
Key Highlights
- 4,000‑square‑foot steel‑sided pole building, constructed in 2004
- Sale includes the auto repair business and equipment
- Five 14‑foot overhead doors and five lifts, including one truck lift
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,676
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,520
$593.5K
Cap Rate 7%
$423,943
$423.9K
Cap Rate 9%
$329,733
$329.7K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$44.2K $11.04/SF
− Vacancy
−$1.8K −$0.44/SF
EGI
$42.4K $10.60/SF
− OpEx
−$12.7K −$3.18/SF
NOI
$29.7K $7.42/SF
Area
Tuscarawas County, OH
Vacancy
4.00%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,520
Cap Rate 7%
$423,943
Cap Rate 9%
$329,733
Alternative Uses
Best Use
Retail
$423.9K
$371.0K – $494.6K
NOI $29,676 @ 7.0% cap · market cap 5.16%
Second Best
Industrial
$187.5K
$164.1K – $218.7K
NOI $13,124 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$745.4K
$652.2K – $869.6K
NOI $52,178 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5
Service bays
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44621, OH
4,606
Population
1,992
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
90%
High-School Grad
32.1 sq mi
ZIP Area
143
Density / Sq Mi
$55,000
Median Household Income
$35,777
Median Earnings
$825
Median Rent
$119,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Auto shop - The sale includes the operating repair business, shop equipment, and a dedicated service building.
Where is this auto shop located?
The property is located at 1 Dennison Yard Circle Dennison, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 4,000‑square‑foot steel‑sided pole building, constructed in 2004; Sale includes the auto repair business and equipment; Five 14‑foot overhead doors and five lifts, including one truck lift
