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    Automotive Service and Retail Buildings Title is generated by Realmo AI

    1854 State Route 49, Arcanum, OH 45304

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    For sale automotive service and retail buildings with showroom, workshop, storage pole barn, and a 2024-added wash bay.

    Type:RETAIL
    Property size:
    9,984 SF
    Price / SF:
    $87/SF
    Added:
    Jun 2, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 2:01 am

    Property Features for 1854 State Route 49

    General Information

    Standard status
    Active
    Size
    9,984 SF
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Douglas G Harman

    Listing agent Douglas G Harman

    Listing office First Choice Realty

    Listing date Jun 2, 2026

    Source Moodyscre

    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 First Choice Realty

    HighLights

    • Main building includes 60' x 120' overall size with a 60' x 60' showroom for retail
    • Showroom features counters, display units, and shelf units that stay with the property
    • Workshop is 60' x 60' with 14' ceiling, plus 2 overhead doors (16' x 14' and 8' x 8')
    • Additional buildings: 40' x 64' pole barn with 3 overhead doors (16' x 12' and 2‑10' x 10')
    • Wash bay added in 2024: 14' x 16'
    • Building has public restroom and office; heat‑A/C uses propane forced air with 2 units

    Overview

    This property includes multiple automotive-focused structures configured for retail and service operations. The main buildings measure 60’ x 120’ with a 60’ x 60’ showroom area for retail. Existing showroom components include counters, display units, and shelf units. A public restroom and office are also included, supporting customer-facing use.

    The workshop building measures 60’ x 60’ and has a 14’ ceiling. Service access is provided by two overhead doors, including a 16’ x 14’ door and an 8’ x 8’ door, with a loft area for storage and additional work areas such as a sharpening room and a break room with office above. Heating and cooling are supported by two heat-A/C units using propane forced air.

    A back building measuring 40’ x 64’ is a pole barn designed for storage, with three overhead doors (16’ x 12’ and two 10’ x 10’). A wash bay addition completed in 2024 measures 14’ x 16’, expanding the site’s functionality for washing-related workflows. The combined layout and included improvements make the property well-suited for buyers seeking a ready-to-operate automotive service and retail setup.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Auto Repair Shop Auto Parts Store

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

    Similar Places Nearby

    • T & C Motorsports Small Engine Sales & Service — 1854 OH-49, Arcanum, OH 45304

    Location Insight

    • Map
    • Local Demand
    City
    Arcanum
    County
    Darke
    State
    Ohio
    Longitude
    -84.48148
    Latitude
    39.968437

    Nearby Similar for Sale

    • $875,000
      9,984 SF

      Automotive Service and Showroom Property

      A multi-building automotive facility with showroom, workshop, pole barn storage, and a 2024-added wash bay.
      1854 State Route 49, Arcanum, OH 45304
      View Details
    • $1,200,000
      9,984 SF

      Auto Repair & Showroom Facility

      Includes a showroom, workshop with multiple overhead doors, and a 2024 wash bay, plus small engine repair equipment.
      1854 State Route 49, Arcanum, OH 45304
      View Details
    • $51,500

      Land For Sale Arcanum, OH

      Land available for purchase in Arcanum, Ohio.
      21 Wheatland Drive, Arcanum, OH 45304
      View Details

    FAQs

    What type of property is this?
    Auto shop - For sale automotive service and retail buildings with showroom, workshop, storage pole barn, and a 2024-added wash bay.
    Where is this auto shop located?
    The property is located at 1854 State Route 49 Arcanum, OH.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Main building includes 60' x 120' overall size with a 60' x 60' showroom for retail; Showroom features counters, display units, and shelf units that stay with the property; Workshop is 60' x 60' with 14' ceiling, plus 2 overhead doors (16' x 14' and 8' x 8')
    (937) 623-9959 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Douglas G Harman
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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