Property profile

113 Harris St Lodi, OH 44254

OFF-MARKET
Office buildings
Property ID
US66-0804805
1,715 SF 0.05 ac lot Built 1956
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 1,715 square foot office building at 113 Harris Street, Lodi, OH, presents a fantastic business opportunity. Situated on a 0.05-acre lot, the property boasts ample on-street parking directly in front. The interior features a bright and welcoming waiting area, a reception room with two sets of sliding glass windows, four generously sized private offices, a convenient kitchen, and two bathrooms. A rear entrance/exit and a sizable storage room in the back add to the functionality. Recent upgrades include a brand new 200-amp electrical service, ensuring sufficient power for modern business needs. High-speed internet access is provided via Spectrum Fibernet. All windows were replaced in 2020, enhancing energy efficiency and aesthetics. The property also features brand new, upgraded commercial-grade carpeting and vinyl flooring installed in 2024. A newer hot water tank and updated electrical system contribute to the building's overall efficiency and reliability. A dry basement provides additional storage space. This versatile space is ideal for a variety of professional uses, including studios, dental or medical offices, or accounting, law, or other business offices. Its prime location and recent renovations make this an exceptional investment opportunity. The asking price is $900,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Construction TYPE NOT SPECIFIED
Total area 1,715 SF
Lot 0.05 ac (2,352 SF)
APN 015-26A-14-156
UPID US66-0804805

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

113 Harris St Lodi, OH 44254-1342
Lodi metro Census 411002 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2011
4 recorded transactions
2011
$31,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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