4302 Gallia Street, New Boston, OH 45662
Commercial building on Gallia Street with high visibility.
- Added:
- Aug 23, 2024
- Days on Market:
- 661
- Last Refresh:
- May 13 at 8:22 pm
Property Features for 4302 Gallia Street
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Special Purpose
Listing agent Matt Schackart License #OH
Listing office CENTURY 21 Empire Realty, S. E.
Listing date Aug 23, 2024
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 CENTURY 21 Empire Realty, S. E.
HighLights
- High‑visibility location at a signalized intersection on Gallia Street (SR 52 East) and Lakeview Avenue.
- Versatile layout allows for division into two separate commercial units.
- Updated roof membrane.
- Ample basement storage.
- Convenient off‑street parking.
- Central heating unit.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.4k | $6.36 |
| − Vacancy | −$478 | −$0.23 |
| EGI | $12.9k | $6.13 |
| − OpEx | −$3.9k | −$1.84 |
| NOI | $9.0k | $4.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Boston
- County
- Scioto
- State
- Ohio
- Longitude
- -82.9307173
- Latitude
- 38.7549861
