Flex Building with Truck
For Sale
$699,900
10 Hunter Place, Bellefontaine, OH 43311
Commercial Sale, Bellefontaine, OH
Property Size8,000 SF
Lot Size1.26 Acres
Price / SF$87.49
Days on Market93
Property Features for 10 Hunter Place
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Parking
30
Subdivision
Crossroads
Lot features
Survey
Directions
N. Main (U.S. 68) to Reynolds Ave. Right on Hunter Place
Standard status
Active
APN
170770000021001
Size
8,000 SF
Lot size
1.26 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
sleeping rooms with shower
generator system
Building Details
Year built
1992
Building materials
Metal Siding
Listing Agency:
Bell Hankins Realty Group, LLC
Listed By:
Jeremy G. Hankins · License #445871
(937) 935-2450
Added: Aug 4
Changed: Oct 16
Last Checked: Nov 4 at 1:06PM
MLS# 1047540
Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8,000-square-foot flex building in Bellefontaine combines dedicated office space with eight heated truck bays. The steel-framed structure includes five offices, two restrooms, a shared office area, two sleeping rooms, and a shower. Each bay has a 12-foot-tall overhead door, and the property also includes a generator system, concrete driveway, rear parking, metal siding, natural gas forced-air heat, central air, and public sewer.
Located at 10 Hunter Place on the north side of Bellefontaine, the 1.26-acre property is zoned B-3. The office portion is leased, while the enclosed bays provide space for truck-related operations, storage, or separate business occupancy as supported by the existing configuration.
Located at 10 Hunter Place on the north side of Bellefontaine, the 1.26-acre property is zoned B-3. The office portion is leased, while the enclosed bays provide space for truck-related operations, storage, or separate business occupancy as supported by the existing configuration.
Key Highlights
- 8,000‑square‑foot flex building on 1.26 acres
- Eight heated truck bays with 12‑foot‑tall overhead doors
- Five offices, two restrooms, common office area, two sleeping rooms, and a shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,918
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,360
$798.4K
Cap Rate 7%
$570,257
$570.3K
Cap Rate 9%
$443,533
$443.5K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$51.3K $6.41/SF
− Vacancy
−$4.3K −$0.54/SF
EGI
$47.0K $5.87/SF
− OpEx
−$7.0K −$0.88/SF
NOI
$39.9K $4.99/SF
Area
Logan County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,360
Cap Rate 7%
$570,257
Cap Rate 9%
$443,533
Alternative Uses
Best Use
Office B
$1.40M
$1.23M – $1.64M
NOI $98,306 @ 7.0% cap · market cap 14.05%
Second Best
Warehouse
$570.3K
$499.0K – $665.3K
NOI $39,918 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $113,042 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
8
Drive-in doors
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 43311, OH
20,029
Population
9,497
Households
2.1
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
103.8 sq mi
ZIP Area
193
Density / Sq Mi
$64,217
Median Household Income
$40,341
Median Earnings
$833
Median Rent
$183,000
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Steel-framed commercial property combines office accommodations with heated service and storage bays.
Where is this flex space located?
The property is located at 10 Hunter Place Bellefontaine, OH.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 8,000‑square‑foot flex building on 1.26 acres; Eight heated truck bays with 12‑foot‑tall overhead doors; Five offices, two restrooms, common office area, two sleeping rooms, and a shower
