1115 W Prospect Rd Ashtabula OH, Ashtabula, OH 44004
Retail space with 11,325 SqFt available for sale.
- Added:
- Apr 1, 2025
- Days on Market:
- 460
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 1115 W Prospect Rd Ashtabula OH
General Information
- Standard status
- Active
- Size
- 11,325 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing office Global Real Estate Advisors Inc (440) 255-5552
Listing date Apr 1, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Global Real Estate Advisors Inc
HighLights
- Retail Property
- 11,325 SqFt of retail space
- Built in 1996
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $203.9k | $18.00 |
| − Vacancy | −$5.3k | −$0.47 |
| EGI | $198.5k | $17.53 |
| − OpEx | −$59.6k | −$5.26 |
| NOI | $139.0k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ashtabula
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.7973917
- Latitude
- 41.8632453
