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    2195 Navarre Ave Oregon, OH 43605

    For Sale
    Contact for pricing

    Prime 4.25-acre lot, 3 buildings

    Property size:
    29,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional redevelopment opportunity encompasses a 4.25-acre lot in Oregon, Ohio, featuring three existing structures totaling 29,000 square feet. Situated on two parcels with mixed General Commercial and Light Industrial zoning, this property boasts excellent visibility and exposure along I-280 and Navarre Avenue, a major retail corridor. Currently occupied at 100% capacity with a lease expiring December 30, 2024, the property offers significant potential for various uses. The existing buildings house a furniture store, an auto sales office, and a warehouse for auto shop repair. A billboard generating $800 monthly income adds to the property's value. The location benefits from high traffic volume (I-280 VPD: 50,675

    Property Features for 2195 Navarre Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    29,000 SF
    Class
    B
    Lot Size
    185,130 SF

    Building Details

    Year Built
    1985
    Buildings
    3
    Stories
    1

    HighLights

    • 4.25‑acre redevelopment opportunity in Oregon, OH, with three existing buildings totaling 29,000 square feet.
    • High‑visibility location on I‑280 and Navarre Avenue, a major retail corridor, with General Commercial and Light Industrial zoning.
    • Currently 100% occupied with a lease expiring December 30, 2024; tenants include Furniture Palace, Auto Max, and an auto shop.
    • On‑site billboard generates $800/month in income.
    • High traffic counts: I‑280 (50,675 VPD) and Navarre Avenue (28,037 VPD); all utilities on‑site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Oregon
    County
    Lucas
    State
    Ohio
    Longitude
    -83.49364106
    Latitude
    41.6365514

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      Navarre Avenue Investment Opportunity

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    FAQs

    What type of property is this?
    Automotive property - Prime 4.25-acre lot, 3 buildings
    Where is this automotive property located?
    The property is located at 2195 Navarre Ave Oregon, OH.
    What are key features of this property?
    This property features: 4.25-acre redevelopment opportunity in Oregon, OH, with three existing buildings totaling 29,000 square feet.; High-visibility location on I-280 and Navarre Avenue, a major retail corridor, with General Commercial and Light Industrial zoning.; Currently 100% occupied with a lease expiring December 30, 2024; tenants include Furniture Palace, Auto Max, and an auto shop.
    Request Owner's contact information
    2195 Navarre Ave Oregon, OH 43605
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    Oregon, OH 43605
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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
    2195 Navarre Ave Oregon, OH 43605
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