Building Details

Year built 2000

Buildings 1

Listing Agency: Dzugan Real Estate Services LLC Show Phone

Listed By: Joseph Dzugan · License #2005004867 Show Phone

Added: Jan 9 Changed: Oct 31 Last Checked: Nov 2 at 9:06AM

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MLS# 9070241

Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 7,848-square-foot storefront property occupies a 0.914-acre parcel in Bellevue. Built in 2000, the commercial building is heated with natural gas. The owner will consider leasing the property as well as a sale.

The site is at 6339 State Route 113 in Bellevue, Ohio. The property information describes access and visibility but provides no supporting measurements or specific access details.

Key Highlights

• 7,848‑square‑foot commercial building
• 0.914‑acre parcel
• Constructed in 2000

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$33,688

Cap Rate

4.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$673,760 $673.8K

Cap Rate 7%

$481,257 $481.3K

Cap Rate 9%

$374,311 $374.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 7,848 SF

Gross rent

$49.9K $6.36/SF

− Vacancy

−$1.8K −$0.23/SF

EGI

$48.1K $6.13/SF

− OpEx

−$14.4K −$1.84/SF

NOI

$33.7K $4.29/SF

Area

Huron County, OH

Vacancy

3.58%

Lease Rate

$6.36 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$673,760

Cap Rate 7%

$481,257

Cap Rate 9%

$374,311

Alternative Uses

Best Use

Office B

$1.37M

$1.20M – $1.60M (±1% cap)

NOI $96,214 @ 7.0% cap · market cap 13.76%

Second Best

Retail

$481.3K

$421.1K – $561.5K (±1% cap)

NOI $33,688 @ 7.0% cap · market cap 4.82%

Theoretical Best

Specialty Retail

$1.63M

$1.43M – $1.90M (±1% cap)

NOI $114,181 @ 7.0% cap · market cap 16.33%

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

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

81

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 44811, OH

12,698

Population

5,658

Households

2.2

Avg Household Size

42

Median Age

18%

College-Educated

92%

High-School Grad

118.3 sq mi

ZIP Area

107

Density / Sq Mi

$64,453

Median Household Income

$41,317

Median Earnings

$743

Median Rent

$156,900

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Storefront property - A 2000-built commercial property with natural gas heating and consideration for a lease arrangement.

Where is this storefront property located?

The property is located at 6339 State Route 113 Bellevue, OH.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: 7,848‑square‑foot commercial building; 0.914‑acre parcel; Constructed in 2000