Property profile

10595 State Rte 550 Vincent, OH 45784

OFF-MARKET
Office buildings
Property ID
US66-3325901
2,800 SF 0.36 ac lot Built 1997
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 10595 State Route 550 in Vincent, Ohio, presents a unique investment opportunity. The building boasts a substantial 5600 square feet of finished space, meticulously divided to maximize functionality and efficiency. The main level encompasses 2800 square feet, featuring six individual offices, two well-appointed bathrooms, and two spacious conference rooms, all complemented by a welcoming front desk and waiting area. The lower level mirrors this functionality, offering an additional 2800 square feet with two offices, two bathrooms, and three generously sized conference rooms. Ample parking is provided with 17 designated spaces, ensuring convenience for both employees and clients. The building is equipped with a forced air gas furnace and central air conditioning, guaranteeing year-round comfort. Furthermore, it benefits from the convenience of city water and public sewer connections. This property is currently under lease, providing immediate income potential. Serious inquiries only from pre-approved buyers are encouraged. The 0.36-acre lot offers potential for future expansion or development. This is an excellent opportunity to acquire a well-maintained, income-producing commercial property in a desirable location. The property's layout and features make it ideal for a variety of businesses seeking a professional and functional workspace. The existing lease provides a stable income stream, making this a compelling investment for discerning buyers.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Total area 2,800 SF
Lot 0.36 ac (15,682 SF)
APN 50013032000
UPID US66-3325901

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10595 State Rte 550 Vincent, OH 45784-5650
Vincent metro Census 21700 MARIETTA, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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