Office Building with
For Sale
$150,000
124 E Main Street, McComb, OH 45858
COMMERCIAL - Mc Comb, OH
Property Size3,315 SF
Lot Size0.56 Acres
Price / SF$45.25
Days on Market10
Property Features for 124 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.56 Acres
Amenities
drive-thru lane
Listing Agency:
Tranzon Asset Advisors
(270) 769-0284
Listed By:
Edward Durnil · License #KY P1734
(270) 769-0284
Added: Aug 12
Changed: Aug 15
Last Checked: Aug 21 at 4:06AM
MLS# 11929732
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,315 +/- square foot commercial building occupies a 0.56 +/- acre site at 124 E Main Street in McComb, Ohio. The interior includes private offices, counter and service areas, security features, and technology wiring, providing an established commercial layout for renovation or continued use. On-site parking and a drive-through lane add functional site improvements.
The property is positioned along Main Street in McComb’s downtown business district and is zoned C-3, Downtown Business. Its location within the village’s walkable commercial core places the building near local business and civic activity. The existing configuration is suited to professional office, medical or dental, insurance, government or municipal, and community-service uses.
The property is positioned along Main Street in McComb’s downtown business district and is zoned C-3, Downtown Business. Its location within the village’s walkable commercial core places the building near local business and civic activity. The existing configuration is suited to professional office, medical or dental, insurance, government or municipal, and community-service uses.
Key Highlights
- 3,315 +/- square foot commercial building
- 0.56 +/- acre site
- C‑3 zoning, Downtown Business
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,156
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$263,120
$263.1K
Cap Rate 7%
$187,943
$187.9K
Cap Rate 9%
$146,178
$146.2K
Market Conditions
NOI Build-Up for 3,315 SF
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.
Gross rent
$19.5K $5.88/SF
− Vacancy
−$698 −$0.21/SF
EGI
$18.8K $5.67/SF
− OpEx
−$5.6K −$1.70/SF
NOI
$13.2K $3.97/SF
Area
Hancock County, OH
Vacancy
3.58%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$263,120
Cap Rate 7%
$187,943
Cap Rate 9%
$146,178
Alternative Uses
Best Use
Specialty Retail
$924.7K
$809.1K – $1.08M
NOI $64,726 @ 7.0% cap · market cap 43.15%
Second Best
Office B
$453.5K
$396.8K – $529.1K
NOI $31,744 @ 7.0% cap · market cap 21.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 45858, OH
3,038
Population
1,075
Households
2.8
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
62.0 sq mi
ZIP Area
49
Density / Sq Mi
$66,552
Median Household Income
$39,557
Median Earnings
$938
Median Rent
$169,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - C-3 zoning and an existing office build-out include private offices and service areas.
Where is this office building located?
The property is located at 124 E Main Street McComb, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 3,315 +/- square foot commercial building; 0.56 +/- acre site; C‑3 zoning, Downtown Business
