108 Main St Shelby, OH 44875-1411
This exceptional 0.3437-acre commercial lot presents a unique opportunity for development in the heart of Shelby, Ohio. Located at 108 W Main Street, this vacant parcel offers unparalleled potential for a variety of commercial ventures. Its central downtown location ensures high visibility and accessibility, making it ideal for businesses seeking a strong presence in a thriving community. The lot's size provides ample space for construction, allowing for flexibility in design and functionality. A significant advantage is the presence of an alleyway at the rear of the property, opening up possibilities for drive-thru businesses, loading docks, or other configurations requiring rear access. This feature significantly enhances the property's versatility and appeal to a wide range of potential developers. The asking price of $22,000 represents an attractive investment opportunity in a rapidly developing area. This is a blank canvas awaiting your vision, offering the chance to create a thriving commercial establishment in a desirable location. Serious inquiries are encouraged to explore the possibilities and secure this exceptional property. The property is zoned for commercial use. All utilities are available at the street. Don't miss this chance to acquire a prime piece of Shelby real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.