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Property profile & analytics
OFF-MARKET
Commercial land

108 Main St Shelby, OH 44875-1411

5,680 SF 0.34 ac lot Built 1950
Individually Owned Absentee Owner Free & Clear
Property ID
US66-0308824
Property summary
AI-generated overview

This exceptional 0.3437-acre commercial lot presents a unique opportunity for development in the heart of Shelby, Ohio. Located at 108 W Main Street, this vacant parcel offers unparalleled potential for a variety of commercial ventures. Its central downtown location ensures high visibility and accessibility, making it ideal for businesses seeking a strong presence in a thriving community. The lot's size provides ample space for construction, allowing for flexibility in design and functionality. A significant advantage is the presence of an alleyway at the rear of the property, opening up possibilities for drive-thru businesses, loading docks, or other configurations requiring rear access. This feature significantly enhances the property's versatility and appeal to a wide range of potential developers. The asking price of $22,000 represents an attractive investment opportunity in a rapidly developing area. This is a blank canvas awaiting your vision, offering the chance to create a thriving commercial establishment in a desirable location. Serious inquiries are encouraged to explore the possibilities and secure this exceptional property. The property is zoned for commercial use. All utilities are available at the street. Don't miss this chance to acquire a prime piece of Shelby real estate.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1950
Total area 5,680 SF
Lot 0.34 ac (14,972 SF)
APN 046-08-192-14-000
UPID US66-0308824
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jacob R Stichler
Jacob R Stichler
since 2025
1 recorded transaction
2025
$12,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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