218 Belmore St Leipsic, OH 45856
- Office buildings
Current Use by Public Records
- UIS Insurance & Investments / Insurance Agency / Investment Service
- Senior Citizens of Leipsic / Senior Citizen Center
Property Details for 218 Belmore St
- Property type
- Office buildings
- APN
- 61-065020.0000
- APU
- 610650200000
Description
This exceptional commercial property at 218 S BELMORE Street, Unit 218, Leipsic, OH, presents a unique investment opportunity. Situated on a 0.04-acre lot, this building offers 3,136 square feet of adaptable space, ideal for a variety of uses. Its prime location ensures excellent visibility and convenient access to the town's main thoroughfares, placing it within easy reach of local restaurants, medical facilities, and retail establishments. The first floor, encompassing 1,680 square feet, is thoughtfully designed with an open reception area and two to three private offices, complemented by a dedicated conference room and a convenient kitchenette/break area. Two restrooms are also located on this floor. A striking staircase leads from the front entrance to the expansive second floor, providing a blank canvas for customized development to suit your specific needs. The building boasts a well-maintained curb appeal, adding to its overall attractiveness. This property's versatility, combined with its strategic location and substantial square footage, makes it an exceptional prospect for businesses seeking a prominent presence in Leipsic. The asking price is $104,900.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $130,000
- 6.5%
- $115,000
- 7%
- $135,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $140,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $105,000
- Mixed-Use
- $115,000
- Hospitality
- $125,000
- Educational
- $105,000
- Residential Income
- $130,000
- Energy
- $145,000
- Income-Based Land
- $130,000
- Food Service
- $105,000
Location Insight
- Map
- Local Demand
- City
- Leipsic
- County
- Putnam
- State
- Ohio
- Longitude
- -83.9852
- Latitude
- 41.0981