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Property profile

16406 E Us Route 224 Findlay, OH 45840

FOR SALE
Other commercial real estate
Property ID
US66-3146497
14,400 SF 27.92 ac lot Built 1988
Last sale Aug 2021 · $4,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This industrial, mixed-use property includes office space and totals 14,400 square feet in a combined industrial-and-office configuration. The building is located at 16406 E US RTE 224 in Findlay, Ohio, and is set up to accommodate uses that require both operational work areas and administrative office functions.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$53k
Tax billed · 2023
Assessed value$1.32M
Assessed land$87k
Assessed improvement$1.24M
Effective rate4.02%

Value estimate

· Nov 2026
$2.95M
$2.65M – $3.24M
AI approach$3.55M
CAP approach$2.59M
Submarket $/SF estimate$2.21M
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$9k
Operating expenses−$9k
NOI · 188,266.67% cap applied$28k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$41 – $153

Cap rate analysis

How does the asset earn?
188,266.67%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHANCOCK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.1
Electrical Service9.7
Dental Office8.6

Location

16406 E Us Route 224 Findlay, OH 45840
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 Main, Findlay, OH 45840-3207 $1,100,000 Feb 2026 8,400 SF
413 Main, Findlay, OH 45840-3541 $720,000 Feb 2026 5,040 SF
15276 Us Rte 224, Findlay, OH 45840-9766 $1,450,000 Jan 2026 25,760 SF
214 Hardin, Findlay, OH 45840-3106 $1,749,866 Apr 2025 4,967 SF
1010 Tiffin, Findlay, OH 45840-6204 $300,000 Mar 2025 5,554 SF
16860 State Rte 12, Findlay, OH 45840-9744 $560,000 Sep 2024 10,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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