20308 County Rd 424 Defiance, OH 43512-9080
- Office buildings
- 9,204 SF
- 7.72 lot acres
Current Use by Public Records
- The Eager Beaver AxeHole / Sports Bar / Restaurant
- 424 Storage / Storage Facility
Property Details for 20308 County Rd 424
- Year built
- 1966
- Construction
- WOOD FRAME
- Lot size
- 7.72 lot acres
- Property size
- 9,204 SF
- Property type
- Office buildings
- APN
- B110029001102
- APU
- B110029001102
Description
Exceptional investment opportunity in Defiance, Ohio! This property encompasses a thriving self-storage facility featuring 172 units, indoor parking for RVs and boats, and a large (9,204 sq ft) rented metal storage building. The 11.134-acre lot includes a 3.4-acre vacant parcel ideal for future self-storage expansion. The property also includes an operating bar and restaurant, the "Axehole Bar," presenting a unique dual-income stream. The bar building offers flexibility
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,995,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,925,000
- 6.5%
- $2,010,000
- 7%
- $1,830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,850,000
- Geo Method
- $1,655,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,235,000
- Retail
- $2,300,000
- Mixed-Use
- $2,320,000
- Hospitality
- $2,240,000
- Educational
- $2,165,000
- Residential Income
- $1,830,000
- Energy
- $1,690,000
- Income-Based Land
- $1,855,000
- Food Service
- $1,985,000
Location Insight
- Map
- Local Demand
- City
- Defiance
- County
- Defiance
- State
- Ohio
- Longitude
- -84.433
- Latitude
- 41.2748
- CBSA code
- 19580
- CBSA name
- DEFIANCE, OH MICROPOLITAN STATISTICAL AREA