Service Garage with Office and
For Sale
$324,900
514 Trenton Ave, Uhrichsville, OH 44683
Multiple supporting structures complement the primary service facility and paved commercial work area.
Property Size5,796 SF
Price / SF$56.06
Days on Market55
Property Features for 514 Trenton Ave
General Information
Standard status
Active
Size
5,796 SF
Taxes and HOA fees
Annual Taxes
$1,794
Listing Agency:
Kiko
(330) 447-6497
Listed By:
James A Pietro · License #2003005860
(330) 447-6497
Source:
Exprealty
Added: Jun 16
Changed: Aug 9
Last Checked: Aug 9 at 9:21AM
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 Kiko
Investment Insights
Based on property information with market context.
The property centers on a 5,396-square-foot service garage with updated improvements, supported by a separate 300-square-foot office and a 100-square-foot shed. Two canopy structures add covered utility to the site’s functional layout. Nearly 5,000 square feet of concrete paving provides substantial hard-surface area for equipment, vehicles, or commercial operations.
Located at 514 Trenton Ave in Uhrichsville, Ohio, the property combines several existing structures within one commercial setting. The mix includes newer and legacy improvements, offering an established physical layout alongside opportunities for expansion or modernization.
Located at 514 Trenton Ave in Uhrichsville, Ohio, the property combines several existing structures within one commercial setting. The mix includes newer and legacy improvements, offering an established physical layout alongside opportunities for expansion or modernization.
Key Highlights
- 5,396 sq ft service garage with updated improvements
- Separate 300 sq ft office building
- 100 sq ft shed and two canopy structures
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
$19,017
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
5.85%
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%
$380,340
$380.3K
Cap Rate 7%
$271,671
$271.7K
Cap Rate 9%
$211,300
$211.3K
Market Conditions
NOI Build-Up for 5,796 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
$29.2K $5.04/SF
− Vacancy
−$2.0K −$0.35/SF
EGI
$27.2K $4.69/SF
− OpEx
−$8.2K −$1.41/SF
NOI
$19.0K $3.28/SF
Area
Tuscarawas County, OH
Vacancy
7.00%
Lease Rate
$5.04 /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%
$380,340
Cap Rate 7%
$271,671
Cap Rate 9%
$211,300
Alternative Uses
Best Use
Retail
$614.3K
$537.5K – $716.7K
NOI $43,000 @ 7.0% cap · market cap 13.23%
Second Best
Industrial
$271.7K
$237.7K – $317.0K
NOI $19,017 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.08M
$945.1K – $1.26M
NOI $75,606 @ 7.0% cap · market cap 23.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 97%
Shops & Services 3%
Save-A-Lot
Groceries
6,624 visits/mo
0.1 miles
Fisher Auto Parts
Shops & Services
230 visits/mo
0.5 miles
Demographics for 44683, OH
8,313
Population
3,566
Households
2.3
Avg Household Size
40
Median Age
12%
College-Educated
84%
High-School Grad
67.0 sq mi
ZIP Area
124
Density / Sq Mi
$55,179
Median Household Income
$37,703
Median Earnings
$828
Median Rent
$114,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Trenton Services — 207 Trenton Ave, Uhrichsville, OH 44683
- Allen's Muffler — 238 Trenton Ave, Uhrichsville, OH 44683
- Mel Peters Tire And Auto — 135 N Water St, Uhrichsville, OH 44683
- Forty-Eight Automotive & Towing — 4864 Maple Grove Rd SE, Uhrichsville, OH 44683
- Complete Auto Repair — Walnut St, Uhrichsville, OH 44683
Frequently Asked Questions
What type of property is this?
Auto shop - Multiple supporting structures complement the primary service facility and paved commercial work area.
Where is this auto shop located?
The property is located at 514 Trenton Ave Uhrichsville, OH.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 5,396 sq ft service garage with updated improvements; Separate 300 sq ft office building; 100 sq ft shed and two canopy structures
