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    275 Morrison McComb, OH

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    For Sale
    $1,253,224

    NNN Dollar General with new 15-year lease and strong income.

    Property size:
    9,249 SF
    Lot size:
    1.57 Acres

    Property Features for 275 Morrison

    General Information

    Size
    9,249 SF
    Lot size
    1.57 Acres

    Source: Matthews Real Estate Investment Services | Dallas Agent Josh Bishop

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

    Overview

    Dollar General NNN Investment Opportunity

    This property features a Dollar General store constructed in 2013. In 2023, Dollar General signed a new 15-year lease, demonstrating their commitment to the location. The lease includes 5% rental increases every five years for the life of the lease. The surrounding community has an average household income of $98,123 within a 5-mile radius. The property operates under an absolute NNN lease, meaning there are zero landlord responsibilities. The population within an 8-mile radius is approximately 28,629 residents, and within a 10-mile radius, the population is approximately 58,844 residents. The property size is 9,249 square feet.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    McComb
    County
    Hancock
    State
    Ohio
    Longitude
    -83.7927147
    Latitude
    41.1075523

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN Dollar General with new 15-year lease and strong income.
    Where is this grocery and convenience store located?
    The property is located at 275 Morrison McComb, OH.
    What is the asking price?
    The asking price for this property is $1,253,224.
    What are key features of this property?
    This property features: - Brand new 15-year lease signed by Dollar General in 2023 demonstrating commitment to the location.; - Absolute NNN lease with ZERO landlord responsibilities.; - 5% rental increases every 5 years for the life of the lease.
    (315) 730-6228
    Request Owner's contact information
    275 Morrison McComb, OH
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    McComb, OH
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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
    275 Morrison McComb, OH
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