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Ground-Level Office Unit
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1665 Tiffin Avenue, Findlay, OH 45840

Reception, private work areas, and a conference room support a range of office operations.

Property Size1,180 SF
Price / SF$1.23
Days on Market69

Property Features for 1665 Tiffin Avenue

General Information

Standard status Active
Size 1,180 SF
Property subtype Office

Space & Availability

Floor Ground Floor
Condition Turnkey

Additional Details

Utilities to Site Yes
Property Use Office

Amenities

reception area
meeting/conference room

Building Details

Year Built 1976
Listing Agency: Berkshire Hathaway HS Koehler
Listed By: Cory Corron
Source: Nwohiohomes
Added: Aug 23 Changed: Oct 30 Last Checked: Oct 30 at 1:46AM

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 Berkshire Hathaway HS Koehler

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Investment Insights

Based on property information with market context.

This 1,180-square-foot office unit has a ground-level entrance with ramp access. Its layout includes a reception area, multiple private offices, and a separate meeting room. The building dates to 1976 and is part of a maintained complex with ample parking.

CAM fees and a portion of electric costs are paid by the tenant in addition to base rent.

Key Highlights

  • 1,180‑square‑foot office unit
  • Ground‑level entrance with ramp access
  • Reception area, multiple private offices, and a dedicated meeting room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,300
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,000 $226.0K
Cap Rate 7%
$161,429 $161.4K
Cap Rate 9%
$125,556 $125.6K
Market Conditions
NOI Build-Up for 1,180 SF
Gross rent
$18.8K $15.96/SF
− Vacancy
−$3.8K −$3.19/SF
EGI
$15.1K $12.77/SF
− OpEx
−$3.8K −$3.19/SF
NOI
$11.3K $9.58/SF
Area
Hancock County, OH
Vacancy
20.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,000
Cap Rate 7%
$161,429
Cap Rate 9%
$125,556

Alternative Uses

Best Use
Office B
$161.4K
$141.3K – $188.3K (±1% cap)
NOI $11,300 @ 7.0% cap · market cap 779.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$329.1K
$288.0K – $384.0K (±1% cap)
NOI $23,040 @ 7.0% cap · market cap 1,588.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Berlacher Paul D ... Physician De Vries Brent ... Physician Letcher John R ... Physician Kentris Chiropractic Clinic Alternative Medicine Practice Monroe Todd L ... Physician

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Parking Lot & Garage Building Supply Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 45840, OH

54,901
Population
25,396
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
166.5 sq mi
ZIP Area
330
Density / Sq Mi
$64,076
Median Household Income
$42,546
Median Earnings
$934
Median Rent
$203,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Reception, private work areas, and a conference room support a range of office operations.
Where is this office unit located?
The property is located at 1665 Tiffin Avenue Findlay, OH.
What are key features of this property?
This property features: 1,180‑square‑foot office unit; Ground‑level entrance with ramp access; Reception area, multiple private offices, and a dedicated meeting room
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