530 Market St Tiffin, OH 44883
- Retail space
- 11,301 SF
- 1.43 lot acres
Current Use by Public Records
- Retail space
Property Details for 530 Market St
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 1.43 lot acres
- Property size
- 11,301 SF
- Property type
- Retail space
- APN
- Q53031220760000
- APU
- Q53031220760000
Description
This exceptional 11,180-square-foot retail property, formerly a Rite Aid, presents a unique investment opportunity in Tiffin, Ohio. Situated on a 1.3-acre lot at 530 W Market St, this single-tenant building benefits from a highly visible location at a traffic signal, ensuring maximum exposure. The property is strategically positioned within Tiffin's thriving retail corridor, surrounded by a robust mix of national and local businesses. Nearby established retailers include Kroger, Dollar Tree, Harbor Freight Tools, Bealls, Walmart, and Lowe's, creating a strong synergy and high foot traffic. The building's substantial size offers ample space for a variety of retail uses, providing flexibility for potential tenants. Its prime location and proximity to major retailers make it an ideal site for businesses seeking high visibility and convenient access for customers. The Seneca County location offers a stable market with a growing population. This property is ready for immediate occupancy and represents a compelling opportunity for investors seeking a well-located retail asset in a dynamic market. The address is 530 W Market St, Tiffin, OH 44883. The property's size and location make it an attractive option for a variety of retail businesses seeking a strong presence in the Tiffin market. This is a rare opportunity to acquire a substantial retail space in a high-traffic area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,605,000
- 6.5%
- $3,605,000
- 7%
- $3,485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,870,000
- Geo Method
- $4,190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,950,000
- Retail
- $3,255,000
- Mixed-Use
- $3,240,000
- Hospitality
- $3,390,000
- Educational
- $3,825,000
- Residential Income
- $3,755,000
- Energy
- $4,340,000
- Income-Based Land
- $3,575,000
- Food Service
- $3,855,000
Location Insight
- Map
- Local Demand
- City
- Tiffin
- County
- Seneca
- State
- Ohio
- Longitude
- -83.1992
- Latitude
- 41.1128
- CBSA code
- 45660
- CBSA name
- TIFFIN, OH MICROPOLITAN STATISTICAL AREA
