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Financial
Distress signals
Property profile

18 N Market St Troy, OH 45373

FOR SALE
Commercial real estate
Property ID
US66-0376707
2,556 SF 0.04 ac lot Built 1950
Last sale Dec 2025 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional restaurant opportunity is located at 18-20 N. Market Street in Troy, Ohio. The property boasts a total of 5,228 square feet on a 0.05-acre lot (APN D08000430, Miami County). It's a single-tenant space, ideal for an established restaurant or a new venture looking to capitalize on a prime downtown location. The building is a turnkey operation, meaning the sale includes all existing furniture, fixtures, and equipment, allowing for a seamless transition for the new owner. A…

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?
$2k
Tax billed · 2023
Assessed value$39k
Assessed land$6k
Assessed improvement$32k
Effective rate5.74%

Value estimate

· Oct 2026
$260k
$234k – $286k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 2.60% cap applied$29k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$95/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$50 – $146
Qualifying comparables17

Cap rate analysis

How does the asset earn?
2.60%
$29k 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.

JurisdictionMIAMI

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.7
Parking Facility10.4
Wholesale Shop9.9

Location

18 N Market St Troy, OH 45373
County assessor Recorded deeds · 2 transfers 17 qualifying comp sales 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
22 Market, Troy, OH 45373-3216 $275,000 Dec 2024 2,850 SF
1650 County Rd 25a, Troy, OH 45373-1319 $220,000 Nov 2024 1,907 SF
101 Franklin, Troy, OH 45373-3209 $350,000 Aug 2024 3,328 SF
424 Race, Troy, OH 45373-3649 $75,000 May 2024 3,620 SF
131 Market, Troy, OH 45373-3324 $118,000 May 2023 2,480 SF
5 Market, Troy, OH 45373-3215 $285,000 Apr 2023 1,980 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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