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    1498 W Main St Tipp City, OH 45371

    For Sale
    $1,299,900

    Office building with income-producing billboard in high-traffic location.

    Lot size:
    1.47 Acres

    Property Features for 1498 W Main St

    General Information

    Lot size
    1.47 Acres

    Source: Dana Ward Real Realty Agent Dana Ward

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Building Near OH-571

    Located near the intersection of OH-571 and CO-25a, this office building benefits from a high volume of traffic. The building is currently configured as three office suites but can be converted back into a single suite. It features three bathrooms, a kitchenette, a conference room, and seven offices. A full basement is included. A new sewer line has been added and is ready for connection. Water access is located on the other side of the street. The property is situated in a city with approximately 10,000 residents. An income-producing billboard on the site transfers with the purchase. The office is currently partially leased with short-term tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Tipp City
    County
    Miami
    State
    Ohio
    Longitude
    -84.198074
    Latitude
    39.961987

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    FAQs

    What type of property is this?
    Office building - Office building with income-producing billboard in high-traffic location.
    Where is this office building located?
    The property is located at 1498 W Main St Tipp City, OH.
    What is the asking price?
    The asking price for this property is $1,299,900.
    What are key features of this property?
    This property features: - Income-producing billboard included with purchase; - High-traffic location near OH-571 and CO-25a; - Building can be configured as 3 offices or 1 suite
    (937) 701-4044
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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
    1498 W Main St Tipp City, OH 45371
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