Commercial Showroom with
For Sale
$249,900
2065 S County Road 25a, Troy, OH 45373
Commercial Sale, Troy, OH
Property Size1,560 SF
Lot Size0.56 Acres
Price / SF$160.19
Days on Market383
Property Features for 2065 S County Road 25a
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial, Residential
Parking features
Parking Lot
Patio and Porch features
Porch, Patio
Interior features
Ceiling Fan(s)
Basement
Full, Unfinished
Appliances
Dishwasher, Gas Water Heater, Water Softener Rented
Lot features
Residential Lot
Directions
South Market to 25A
Subdivision
701 Troy
Standard status
Active
APN
C06016200
Size
1,560 SF
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2024
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Year built
1936
Building materials
Aluminum Siding, Wood Siding
Listing Agency:
Garden Gate Realty, Inc.
(937) 335-2522
Listed By:
Greg McGillvary
(937) 214-0110
Added: Sep 8, 2025
Changed: Sep 13
Last Checked: Sep 25 at 7:06AM
MLS# 1041261
Copyright © 2026 Western Regional Information System & Technology, Inc. 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 1,560-square-foot commercial showroom sits on a 0.56-acre parcel and is currently used for automotive sales. The building dates to 1936 and includes a parking lot, patio, porch, ceiling fans, central air conditioning, and natural-gas forced-air heating. Interior equipment includes a dishwasher, gas water heater, and rented water softener.
The property is served by a private well and septic tank. Construction includes aluminum and wood siding, providing a straightforward commercial building configuration with outdoor areas and dedicated vehicle parking. Its combined commercial and residential zoning is a notable land-use characteristic of the property.
The property is served by a private well and septic tank. Construction includes aluminum and wood siding, providing a straightforward commercial building configuration with outdoor areas and dedicated vehicle parking. Its combined commercial and residential zoning is a notable land-use characteristic of the property.
Key Highlights
- 1,560‑square‑foot commercial showroom on 0.56 acres
- Currently used for automotive sales
- Commercial and residential zoning
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
$14,718
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
5.89%
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%
$294,360
$294.4K
Cap Rate 7%
$210,257
$210.3K
Cap Rate 9%
$163,533
$163.5K
Market Conditions
NOI Build-Up for 1,560 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
$22.5K $14.40/SF
− Vacancy
−$1.4K −$0.92/SF
EGI
$21.0K $13.48/SF
− OpEx
−$6.3K −$4.04/SF
NOI
$14.7K $9.43/SF
Area
Miami County, OH
Vacancy
6.40%
Lease Rate
$14.40 /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%
$294,360
Cap Rate 7%
$210,257
Cap Rate 9%
$163,533
Alternative Uses
Best Use
Retail
$210.3K
$184.0K – $245.3K
NOI $14,718 @ 7.0% cap · market cap 5.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$317.9K
$278.2K – $370.9K
NOI $22,256 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45373, OH
36,863
Population
15,691
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
93%
High-School Grad
87.7 sq mi
ZIP Area
420
Density / Sq Mi
$78,278
Median Household Income
$47,859
Median Earnings
$933
Median Rent
$234,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - The property carries both commercial and residential zoning with on-site parking and central air conditioning.
Where is this showroom located?
The property is located at 2065 S County Road 25a Troy, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,560‑square‑foot commercial showroom on 0.56 acres; Currently used for automotive sales; Commercial and residential zoning
