707 W Main Street, Crestline, OH 44827

Building Details

Buildings 1 More

Listing Agency: Dzugan Real Estate Services LLC j**@dzuganra.com Show Phone

Listed By: Joseph Dzugan · License #2005004867 Show Phone

Source: Exprealty

Added: Jul 29 Changed: Nov 6 Last Checked: Nov 6 at 2:36PM

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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 Dzugan Real Estate Services LLC

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Investment Insights

Based on property information with market context.

This 2,820-square-foot commercial building has been remodeled and includes five overhead doors, three man doors, and a finished, insulated work area. LED lighting is installed, and select equipment may be negotiated separately. The property previously housed a car lot and auto detailing operation.

Located at 707 W Main Street in Crestline, the building is zoned Local Business.

Key Highlights

• 2,820 SF remodeled commercial building
• Five overhead doors and three man doors
• Finished, insulated work area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,588

Cap Rate

7.25%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$231,760 $231.8K

Cap Rate 7%

$165,543 $165.5K

Cap Rate 9%

$128,756 $128.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,820 SF

Gross rent

$18.1K $6.41/SF

− Vacancy

−$1.5K −$0.54/SF

EGI

$16.6K $5.87/SF

− OpEx

−$5.0K −$1.76/SF

NOI

$11.6K $4.11/SF

Area

Crawford County, OH

Vacancy

8.42%

Lease Rate

$6.41 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$231,760

Cap Rate 7%

$165,543

Cap Rate 9%

$128,756

Alternative Uses

Best Use

Retail

$298.9K

$261.5K – $348.7K (±1% cap)

NOI $20,921 @ 7.0% cap · market cap 13.08%

Second Best

Industrial

$165.5K

$144.9K – $193.1K (±1% cap)

NOI $11,588 @ 7.0% cap · market cap 7.25%

Theoretical Best

Specialty Retail

$552.8K

$483.7K – $645.0K (±1% cap)

NOI $38,697 @ 7.0% cap · market cap 24.20%

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

Twisted Phoenix Customs Auto Repair Shop U-Haul Neighborhood Dealer Car Rental Facility

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Kitchen & Bath Showroom

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

201

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 44827, OH

6,973

Population

3,564

Households

2

Avg Household Size

43

Median Age

20%

College-Educated

91%

High-School Grad

48.5 sq mi

ZIP Area

144

Density / Sq Mi

$53,089

Median Household Income

$32,334

Median Earnings

$744

Median Rent

$111,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Similar Off Market Nearby

• VoltEdge Automotive — 711 Union St, Crestline, OH 44827
• Accurate Auto Repair LLC — 305 E Main St, Crestline, OH 44827
• Keep it Rolling LLC: Roadside Assistance & Mobile Mechanic — 387 Clink Blvd, Crestline, OH 44827
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• Classics &Customs Body Shop — 807 W Main St, Crestline, OH 44827

Frequently Asked Questions

What type of property is this?

Auto shop - Five overhead doors and an insulated, finished work area support automotive operations.

Where is this auto shop located?

The property is located at 707 W Main Street Crestline, OH.

What is the asking price?

The asking price for this property is $159,900.

What are key features of this property?

This property features: 2,820 SF remodeled commercial building; Five overhead doors and three man doors; Finished, insulated work area