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    Automotive Service Building with Drive-Through Bays Title is generated by Realmo AI

    544 W High St, Edison, OH 43320

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    Strong owner-user or development option with high-clearance service area and extensive drive-through access.

    Type:INDUSTRIAL
    Property size:
    9,966 SF
    Price / SF:
    $110/SF
    Added:
    May 28, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 3 at 3:32 am

    Property Features for 544 W High St

    General Information

    Standard status
    Active
    Size
    9,966 SF
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    John Mally
    John Mally

    Listing agent John Mally License #2013004679

    Listing office NAI Ohio Equities

    Listing date May 28, 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 NAI Ohio Equities

    HighLights

    • 9,966 SF building constructed in 1978 and renovated in 1996
    • High‑clearance service area with 14'–16' ceilings across 4,950 SF
    • 12 drive‑through bays for efficient vehicle flow
    • 14 drive‑in doors: eight 8' x 10' and four 4' x 12' doors

    Overview

    This automotive service building offers a functional layout designed around vehicle throughput, with 12 drive-through bays and 14 drive-in doors. The property includes a 4,950 SF service area with 14'–16' ceilings, supporting a range of service and light repair uses. Constructed in 1978 and renovated in 1996, the building is well-suited for an owner-operator looking to control operations on-site or for a development-minded buyer evaluating redevelopment potential.

    Located in Edison, Ohio, the site’s configuration provides straightforward vehicle access and flexibility for day-to-day workflow. With both drive-through bays and multiple drive-in doors, the facility can accommodate staged vehicles and efficient ingress and egress for service activity.

    For tenants and buyers, the combination of high-ceiling service space and extensive door count makes this asset a practical fit for automotive-related operations that depend on frequent vehicle movement, such as service, maintenance, and repair. As a for-sale offering, it also presents a compelling basis for an owner-user to invest in a purpose-built facility or for a developer to evaluate future modernization and repositioning.
    Location Intelligence

    Current Use by Public Records

    Mowery Motors Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Auto Parts Store Kitchen & Bath Showroom Food Market

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

    Similar Places Nearby

    • 24/7 Heavy Duty Towing & Recovery, LLC of Mt Gilead — 110 High St Suite #2, Edison, OH 43320
    • Norm's Towing & Auto Repair — 110 High St, Edison, OH 43320
    • D & H Tire N Auto — 110 N Boundary St, Edison, OH 43320
    • A-Rays Towing and Recovery — 110 High St, Edison, OH 43320

    Location Insight

    • Map
    • Local Demand
    City
    Edison
    County
    Morrow
    State
    Ohio
    Longitude
    -82.8666491
    Latitude
    40.5570145

    FAQs

    What type of property is this?
    Auto shop - Strong owner-user or development option with high-clearance service area and extensive drive-through access.
    Where is this auto shop located?
    The property is located at 544 W High St Edison, OH.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: 9,966 SF building constructed in 1978 and renovated in 1996; High‑clearance service area with 14'–16' ceilings across 4,950 SF; 12 drive‑through bays for efficient vehicle flow
    (614) 570-7804 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Mally
    John Mally
    Real Estate License ID: 2013004679
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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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