1223 Scott St Napoleon, OH 43545-1021
- Office buildings
- 0.19 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1223 Scott St
- Year built
- 1973
- Lot size
- 0.19 lot acres
- Property type
- Office buildings
- APN
- 41-009367.0200
- APU
- 410093670200
Description
This exceptional single-tenant executive office building, located at 1223 N Scott St in Napoleon, Ohio, presents a unique investment opportunity. The 2,000-square-foot building, constructed in 1973, boasts a desirable location on the main business thoroughfare (SR 108), ensuring high visibility and accessibility. The property features a spacious layout including three large offices, a dedicated conference room, a convenient break room, a welcoming reception area, and a practical supply room, all situated on the main level. A full basement provides additional flexibility and valuable storage space. The building is a single-story brick structure situated on an 8,410-square-foot lot. Off-street parking is available. The property is classified as Class C. This is a fantastic opportunity for a business seeking a well-maintained, conveniently located office space in a thriving community. The monthly rent is $2,200, NNN. The property is situated in Henry County, Ohio, with a zip code of 43545. This is a rare chance to acquire a well-positioned office building in a high-traffic area. The building's size and layout offer ample space for a variety of business needs. The combination of location, features, and price makes this property an attractive investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $325,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $420,000
- Mixed-Use
- $420,000
- Hospitality
- $410,000
- Educational
- $360,000
- Residential Income
- $360,000
- Energy
- $365,000
- Income-Based Land
- $425,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Napoleon
- County
- Henry
- State
- Ohio
- Longitude
- -84.1323
- Latitude
- 41.3975