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    345 5Th St Defiance, OH 43512

    Sponsored
    For Sale
    $78,000

    High-traffic, ready-to-build commercial space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This 0.12-acre commercial property at 345 5th Street, Unit 345, Defiance, OH, presents a unique opportunity for entrepreneurs and businesses. Priced at $78,000, this property boasts a highly desirable location with significant foot traffic, making it ideal for a variety of commercial ventures. The property comes with approved blueprints, simplifying the construction process and saving valuable time and resources. Significant infrastructure is already in place, including a newly installed heating and central air conditioning system, ensuring year-round comfort and efficiency. Furthermore, city-approved roughed-in plumbing is already installed, reducing the initial setup costs and expediting the build-out. The 0.12-acre lot provides ample space for development, allowing for flexibility in design and functionality. This turnkey opportunity combines a prime location with substantial pre-construction work, making it an exceptional investment for those seeking a quick and efficient route to establishing their commercial presence in Defiance, Ohio. The approved blueprints and existing infrastructure significantly reduce the time and expense typically associated with new commercial construction, presenting a compelling value proposition for discerning buyers. Don't miss this chance to secure a thriving commercial space in a high-traffic area.

    Property Features for 345 5Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1875
    Location Intelligence

    Current Use by Public Records

    Carter Krill Construction Construction Company She Owns Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Defiance
    County
    Defiance
    State
    Ohio
    Longitude
    -84.36139
    Latitude
    41.28256

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic, ready-to-build commercial space.
    Where is this commercial real estate located?
    The property is located at 345 5Th St Defiance, OH.
    What is the asking price?
    The asking price for this property is $78,000.
    (419) 542-6637
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    345 5Th St Defiance, OH 43512
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    345 5Th St Defiance, OH 43512
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