Property profile

116 Auglaize St Wapakoneta, OH 45895

OFF-MARKET
Retail space
Property ID
US66-1920064
17,192 SF 1.47 ac lot Built 1950
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, known as the Wapakoneta Shoppes, presents a prime opportunity for businesses seeking a high-visibility location in the heart of downtown Wapakoneta, Ohio. Situated at 116 E Auglaize St, 45895, this single-story shopping center boasts a total of 16,819 square feet, offering flexible space options. Currently, there is significant vacant space available, ranging from 3,000 to 11,540 square feet, ideal for a variety of retail uses. The property sits on a 1.4-acre lot and provides ample parking with 60 spaces. The Wapakoneta Shoppes benefits from its strategic location in a thriving community of nearly 10,000 residents, experiencing rapid growth in west central Ohio. Its position at the intersection of I-75 and US 33 ensures excellent accessibility and high traffic volume. This is one of the largest retail spaces in Wapakoneta's central business district, offering unparalleled exposure and potential for significant return on investment. The property is easily accessible and offers a strong foundation for a successful retail venture. No elevators are present.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 17,192 SF
Lot 1.47 ac (63,990 SF)
APN B07-002-057-00
UPID US66-1920064

Cap rate & NOI

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

Location

116 Auglaize St Wapakoneta, OH 45895-1567
Wapakoneta metro Census 40400 WAPAKONETA, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$75k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2024
Last sale
$75,000
1 recorded transaction
2024
$325,000

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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