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Property profile & analytics
OFF-MARKET
Investment properties

16531 Loudonville, OH 44842

3,660 SF 1.69 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.69-acre property in Loudonville, OH, presents a unique business and investment opportunity. The 3,660-square-foot building, currently operating as a dry goods wholesale store, offers versatile space ideal for various ventures. The structure is divided into two equal halves: a warehouse area and a storefront featuring a newly renovated bathroom and office space. The property boasts convenient features including well and septic systems, ample gravel parking, and is situated in the desirable Mohican area. The existing business is available for transfer, providing a potential turnkey operation. However, the property's zoning allows for a wide range of uses, making it suitable for diverse business models or even residential conversion. The expansive 1.69-acre lot provides ample room for expansion, additional buildings, or simply enjoying the rural setting. This property offers a compelling blend of existing infrastructure, flexible space, and significant land, making it an attractive proposition for entrepreneurs, investors, or those seeking a country lifestyle. The asking price is $265,000. Serious inquiries are encouraged.

Property profile
Verified
Property type Investment properties
Total area 3,660 SF
Lot 1.69 ac (73,616 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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