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Property profile & analytics
OFF-MARKET
Specialty properties

1309 Monroe St New Philadelphia, OH 44663

Built 1973
Property ID
Property summary
AI-generated overview

This exceptional 2,600-square-foot flex/shop space is situated in the highly desirable Monroe Plaza, located in the heart of Dover/New Philadelphia, Ohio, within Tuscarawas County. Built in 1973, this single-tenant end unit offers unparalleled convenience and accessibility. The property features two drive-in doors – one of which is automatic – providing easy loading and unloading capabilities. Durable block walls ensure structural integrity, while modern auto LED lighting enhances visibility and energy efficiency. The interior includes a functional office and a restroom, catering to diverse business needs. This prime location benefits from ample free parking, attracting customers and employees alike. Monroe Plaza boasts a strong tenant mix, including established businesses such as Doering Vision Center, Safelite, Spectrum Orthopaedics, 777, T.C. Chiropractic, and Inside Out Nutrition, creating a vibrant and thriving commercial environment. The property's common area maintenance (CAM) fee of $2.40 per square foot covers a comprehensive range of services, including real estate taxes, insurance, snow plowing and salting, landscaping, exterior window maintenance, security lighting, and trash removal, minimizing operational overhead for the tenant. This turnkey solution presents a remarkable opportunity for businesses seeking a well-maintained, conveniently located, and cost-effective space in a bustling commercial center.

Property profile
Verified
Property type Specialty properties
Year built 1973
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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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