13920 State Rte 15 Defiance, OH 43512-6722
This exceptional commercial property, situated at 13920 State Route 15 Unit 13920 in Defiance, Ohio, presents a unique investment opportunity. The building, measuring 40 feet by 96 feet, offers substantial space ideal for a variety of industrial or commercial uses. Its convenient location just outside of town, with easy access to State Route 15, ensures excellent visibility and convenient transportation. The property boasts approximately 12-foot ceilings, providing ample vertical space for storage or operations. The building is well-constructed with steel siding and roofing, ensuring durability and low maintenance. A concrete floor provides a solid and durable foundation. Two newer 10 x 16 overhead doors facilitate easy loading and unloading of goods and equipment. A suspended heater is present, though its operational status is undetermined. The property also features a generous amount of outdoor parking for employees and customers. Public water and sewer services are readily available at the curb, simplifying utility connections. The lot size is 0.36 acres. This property is priced at $115,000 and offers significant potential for a discerning buyer. Don't miss this chance to acquire a well-located and versatile commercial space.
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
Similar Nearby for Lease
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.