You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Office buildings

1071 S Main St Urbana, OH 43078

1,118 SF 0.29 ac lot Built 1960
Individually Owned 5-yr Hold Free & Clear
Property ID
US66-4550871
Property summary
AI-generated overview

This exceptional mixed-use property in Urbana, Ohio presents a unique investment opportunity. Strategically positioned at the high-traffic intersection of US Highway 68 and State Route 55, this 2.53-acre site offers significant development potential. The property comprises three parcels, including 1071, 1075, and 1077 S. Main Street. The main parcel, 1071 S. Main Street, boasts 1,118 square feet of office space complemented by two single-car garage bays, providing immediate income potential or flexible workspace. Additionally, 1075 S. Main Street features a 2-bedroom, 1-bathroom rental home spanning 896 square feet. The third parcel, 1077 S. Main Street, encompasses a substantial portion of the acreage and includes an older 28x20 garage and a 440-square-foot home that is currently uninhabitable due to a previous fire. This presents a blank canvas for redevelopment or expansion. The combined properties offer a versatile blend of existing structures and ample land, ideal for a variety of commercial ventures or redevelopment projects. The high visibility and prime location ensure strong potential for future growth and return on investment. This is a rare opportunity to acquire a substantial property in a thriving Ohio community. The property is priced at $349,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Total area 1,118 SF
Lot 0.29 ac (12,763 SF)
APN K48-25-11-02-31-012-00
UPID US66-4550871
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Daniel J Freyhof · 5 yrs held
Daniel J Freyhof
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message