Former Auto Body Repair
8610 State Route 339 Vincent, OH 45784
For Sale
$200,000
Former auto body repair shop, customization options available.
Property Size2,640 SF
Lot Size0.40 Acres
Price / SF$75.76
Days on Market737
Property Features for 8610 State Route 339
General Information
Standard status
Active
Size
2,640 SF
Lot size
0.40 Acres
Property subtype
Commercial/Industrial
Listing Agency:
EXP Realty, LLC.
(304) 210-1462
Listed By:
Julie L Richardson · License #2009001943
(304) 210-1462
Source:
Exitrealty
Added: Jul 23, 2024
Changed: Jul 6
Last Checked: Jul 28 at 4:35AM
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 EXP Realty, LLC.
Investment Insights
Based on property information with market context.
This property, formerly an auto body repair shop, offers 2,640 square feet of space. The owner is open to negotiations regarding customizing the building for a purchaser. The seller is also willing to lease the building for $1200 per month. It can be used as an auto shop, automotive property, retail space, or other commercial real estate.
Key Highlights
- Owner open to customizing the building for the purchaser.
- Former auto body repair shop.
- Seller willing to lease the building.
Financial Insights For Industrial
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 | $16.9k | $6.41 |
| − Vacancy | −$1.4k | −$0.54 |
| EGI | $15.5k | $5.87 |
| − OpEx | −$4.6k | −$1.76 |
| NOI | $10.8k | $4.11 |
2,640 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 30.00%
Alternative Uses
Best Use
Industrial
$155.0K
$135.6K – $180.8K
NOI $10,848 @ 7.0% cap · market cap 5.42%
Second Best
Retail
$149.7K
$131.0K – $174.6K
NOI $10,477 @ 7.0% cap · market cap 5.24%
Theoretical Best
Mixed Use
$613.6K
$536.9K – $715.9K
NOI $42,955 @ 7.0% cap · market cap 21.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Auto shop - Former auto body repair shop, customization options available.
Where is this auto shop located?
The property is located at 8610 State Route 339 Vincent, OH.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Owner open to customizing the building for the purchaser.; Former auto body repair shop.; Seller willing to lease the building.
