Property profile

1528 Woodville Rd Millbury, OH 43447

OFF-MARKET
Bars & Pubs
Property ID
US66-1153983
0.33 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,500 square foot traditional office building is situated at 1528 Woodville Road in Millbury, Ohio, 43447. The property boasts a single tenancy and offers 1,250 square feet of immediately available space. The existing layout includes three private offices, a kitchen, a bathroom, and storage areas. The building sits on one acre of land. This location offers unparalleled visibility, situated on State Highway Route 51 (Woodville Road), a high-traffic thoroughfare with over 9,000 vehicles passing daily. The property benefits from a strong mix of established neighboring businesses, including Melocreme (52 years in business), Woodbury Market, Subway, a barber shop, a garage door company, a catering company, a wedding hall, a gymnastics/cheer studio, a dance studio, and a Dollar General. For businesses requiring additional space, an additional 1,250 square feet of open floor plan space is available within the building, offering expansion opportunities. This property presents a unique opportunity for businesses seeking a prominent location with high visibility and ample space in a thriving commercial area.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Lot 0.33 ac (14,549 SF)
APN H28-712-1203-09-011.000
UPID US66-1153983

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Car Rental Facility

Location

1528 Woodville Rd Millbury, OH 43447-9619
Millbury metro Census 20901 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2023
Last sale
$170,000
4 recorded transactions
2023
$170,000
2002
$34,000
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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