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    500 Clark St Toronto, OH 43964

    Sponsored
    For Sale
    $74,000

    Affordable Office Building, 646 SF

    Property size:
    646 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 646-square-foot office building located at 500 Clark St, Toronto, OH 43964, presents a unique investment opportunity. Built in 1998, the property boasts a convenient location in Jefferson County, Ohio. Priced at $74,000, this translates to a price per square foot of $114.55. The building sits on a large, flat lot, offering ample space. While currently configured as a traditional office space, the property's layout includes a bedroom, living room, potential kitchen area, and a bathroom, suggesting adaptability for various uses. The property's size and layout offer potential for conversion to residential use, subject to local zoning regulations and necessary permits. This presents a compelling opportunity for both commercial ventures and those seeking a property with flexible usage potential. The property's existing infrastructure provides a solid foundation for immediate occupancy or renovation, making it an attractive option for entrepreneurs and investors alike. Serious inquiries are encouraged to explore the full potential of this versatile property.

    Property Features for 500 Clark St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    646 SF

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1

    HighLights

    • 646‑square‑foot single‑story office building in Toronto, OH.
    • Located at 500 Clark St, Jefferson County, OH.
    • Priced at $74,000 ($114.55/SF).
    • Sits on a large, flat lot.
    • Features a bedroom, living room, potential kitchen, and bathroom, allowing for flexible use (commercial or residential, subject to zoning).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Toronto
    County
    Jefferson
    State
    Ohio
    Longitude
    -80.602394433263
    Latitude
    40.466785221268

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    FAQs

    What type of property is this?
    Office Property / Space - Affordable Office Building, 646 SF
    Where is this office property / space located?
    The property is located at 500 Clark St Toronto, OH.
    What is the asking price?
    The asking price for this property is $74,000.
    What are key features of this property?
    This property features: 646-square-foot single-story office building in Toronto, OH.; Located at 500 Clark St, Jefferson County, OH.; Priced at $74,000 ($114.55/SF).
    Request Owner's contact information
    500 Clark St Toronto, OH 43964
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    Toronto, OH 43964
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Clark St Toronto, OH 43964
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