Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Office Space For Rent Title is generated by Realmo AI

    252 W Main St, St Clairsville, OH 43950

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial office space available on Main Street with high traffic.

    Type:Office
    Added:
    Jun 25, 2020
    Days on Market:
    2148
    Last Refresh:
    Mar 16 at 10:12 am

    Property Features for 252 W Main St

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1961

    Spaces For Lease

    at 252 W Main St Contact us

    Suite D $11 /Mo

    Size
    1,600 SF
    Type
    Office
    Available now this commercial office space offers the convenience and high traffic...
    show more
    Contact us

    We can help!

    Listing Contact
    Jay Goodman, CCIM
    Jay Goodman, CCIM

    Listing agent Jay Goodman, CCIM License #BRKP.2012000489

    Listing office Harvey Goodman

    Listing date Jun 25, 2020

    Source Crexi

    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 Harvey Goodman

    HighLights

    • High‑traffic location on Main Street/National Road
    • Plentiful parking for clients and staff
    • Benefit from front and rear entrances
    • Available now
    • One‑year minimum lease
    • Commercial office space

    Overview

    This commercial office space is available for rent and offers the convenience of a Main Street location with high traffic. It features plentiful parking and both front and rear entrances. The minimum lease term is one year. The tenant is responsible for paying electric, gas, and CAM.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mountain River Physical ... Medical Clinic Beauty Bar Sculptor R & M Auto ... Auto Repair Shop Beep Beep Driving ... Training Center Quality Rentals Interior Design

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    St Clairsville
    County
    Belmont
    State
    Ohio
    Longitude
    -80.909446
    Latitude
    40.077321

    Nearby Similar for Lease

    • $3,800/Mo

      Commercial Space with Utilities Included

      Versatile commercial building on National Road with utilities included.
      47445 National Road, St Clairsville, OH 43950
      View Details
    • $3,500/Mo

      Commercial Property For Rent

      Commercial property available for rent on National Road.
      51710 National Road E, St Clairsville, OH 43950
      View Details
    • Contact for pricing

      Modern Business District Space

      Dynamic retail, medical, and office spaces in St. Clairsville.
      107 Plaza Dr, St Clairsville, OH 43950
      View Details
    • Contact for pricing

      St. Clairsville Retail/Medical Space

      Located in a dynamic and accessible St. Clairsville business district.
      103 Plaza Dr, St Clairsville, OH 43950
      View Details

    FAQs

    What type of property is this?
    Office units - Commercial office space available on Main Street with high traffic.
    Where is this office units located?
    The property is located at 252 W Main St St Clairsville, OH.
    What is the lease rate?
    The lease rate is $141 SF/Yr.
    What are key features of this property?
    This property features: High‑traffic location on Main Street/National Road; Plentiful parking for clients and staff; Benefit from front and rear entrances
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jay Goodman, CCIM
    Jay Goodman, CCIM
    Real Estate License ID: BRKP.2012000489
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    252 W Main St, St Clairsville, OH 43950
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!