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    117 Main St Mount Orab, OH 45154

    For Sale
    $335,000

    4.6 Acres, Main Street Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.608-acre commercial property in Mount Orab, Ohio, presents a compelling redevelopment opportunity. Located at 117 W Main St, 45154, the site boasts 290 feet of prime frontage on Main Street, offering excellent visibility and accessibility. The property includes three existing buildings, providing potential for adaptive reuse or demolition to accommodate new construction. A significant asset is the recently constructed 24x48 foot pole barn, ideal for storage or workshop space. The land's previous use as a VFW Hall and its current utilization for RV storage, sales, and repair demonstrate its versatility and established infrastructure. Its proximity to downtown Mount Orab (0.1 miles) ensures convenient access to local amenities and services. This property is zoned for commercial use and offers significant potential for a variety of businesses. The asking price is $335,000. This is a rare opportunity to acquire a substantial commercial parcel in a growing Ohio community. Serious inquiries are encouraged.

    Property Features for 117 Main St

    General Information

    Property type
    Land
    Lot Size
    200,724 SF

    HighLights

    • 4.608‑acre site
    • 290 feet of Main Street frontage
    • Three existing buildings plus a new 24' x 48' pole barn
    • Less than a tenth of a mile to downtown Mt. Orab
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Orab
    County
    Brown
    State
    Ohio
    Longitude
    -83.9224329
    Latitude
    39.0279392

    Nearby Comparable

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    • Contact for pricing

      Development Opportunity Near SR-32

      Commercial land conveniently located off SR-32 and US-68.
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      Starbucks Investment Opportunity

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    Nearby Similar for Sale

    • $1,803,030
      10,640 SF

      New Dollar General NNN Lease

      New construction Dollar General with a 15-year absolute NNN lease.
      15159 Us-68, Mount Orab, OH
      View Details
    • $285,000
      5,000 SF

      Mount Orab Storage Facility For Sale

      24-unit storage facility with expansion potential near Cincinnati, OH.
      17414 Us-68, Mount Orab, OH
      View Details
    • $3,248,991
      2,500 SF

      Starbucks Investment Opportunity

      Ohio NNN Lease, High ROI
      117 Point Dr, Mount Orab, OH 45154
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    FAQs

    What type of property is this?
    Land - 4.6 Acres, Main Street Frontage
    Where is this land located?
    The property is located at 117 Main St Mount Orab, OH.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: 4.608-acre site; 290 feet of Main Street frontage; Three existing buildings plus a new 24' x 48' pole barn
    Request Owner's contact information
    117 Main St Mount Orab, OH 45154
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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
    117 Main St Mount Orab, OH 45154
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