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Property profile & analytics
FOR SALE
Auto shops

1851 S Broadway Austinburg, OH 44041

12,000 SF 3.21 ac lot Built 1985
Individually Owned ~ Est. High Equity
Property ID
US66-1432525
Property summary
AI-generated overview

This exceptional 3.21-acre commercial property located at 1851 S Broadway in Geneva, OH, presents a unique redevelopment opportunity. The property's strategic location near Interstate 90 offers unparalleled accessibility and high visibility. Currently, the site houses a diverse mix of established businesses, including an automotive truck service and wash facility, a commercial drive-thru store, and a saloon and bar. This presents a compelling investment opportunity for developers seeking to capitalize on the existing infrastructure and high-traffic location. The substantial acreage allows for significant expansion or redevelopment potential, catering to a wide range of commercial ventures. The existing businesses offer immediate income potential, while the land itself provides ample room for future growth and development. This is an exceptional chance to acquire a well-positioned commercial property with immediate revenue streams and significant long-term potential. The property's proximity to Interstate 90 ensures convenient access for customers and employees alike, making it an ideal location for a variety of commercial uses. Serious inquiries are encouraged to explore the possibilities this unique property offers. The asking price is $1,595,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1985
Construction WOOD
Total area 12,000 SF
Lot 3.21 ac (139,828 SF)
APN 22-008-00-034-03
UPID US66-1432525
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$554k
Blend (final) Blend
$630k
Owner & transaction history
Geneva Truck Service
Geneva Truck Service
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $910,000 +45.6%
Restaurant $820,000 +31.4%
Office building $740,000 +18.3%
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More about this property
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