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Property profile & analytics
OFF-MARKET
Office buildings

218 Belmore St Leipsic, OH 45856-2403

Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-4799675
Property summary
AI-generated overview

This exceptional commercial property at 218 S BELMORE Street, Unit 218, Leipsic, OH, presents a unique investment opportunity. Situated on a 0.04-acre lot, this building offers 3,136 square feet of adaptable space, ideal for a variety of uses. Its prime location ensures excellent visibility and convenient access to the town's main thoroughfares, placing it within easy reach of local restaurants, medical facilities, and retail establishments. The first floor, encompassing 1,680 square feet, is thoughtfully designed with an open reception area and two to three private offices, complemented by a dedicated conference room and a convenient kitchenette/break area. Two restrooms are also located on this floor. A striking staircase leads from the front entrance to the expansive second floor, providing a blank canvas for customized development to suit your specific needs. The building boasts a well-maintained curb appeal, adding to its overall attractiveness. This property's versatility, combined with its strategic location and substantial square footage, makes it an exceptional prospect for businesses seeking a prominent presence in Leipsic. The asking price is $104,900.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
APN 61-065020.0000
UPID US66-4799675
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
Current use
Occupant on record · Public records
  • UIS Insurance & Investments Insurance Agency
  • Senior Citizens of Leipsic Community Center
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
Ellerbrock Brothers Investments LLC · 1 yrs held
Ellerbrock Brothers Investments LLC
since 2025
Last sale
$125,000
6 recorded transactions
2025
$125,000
2024
$722,900
2019
Price N/A
2018
Price N/A
2009
Price N/A
2009
$30,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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