Financial
Distress signals
Property profile

214 W Main St Troy, OH 45373

FOR SALE
Other commercial real estate
Property ID
US66-2883941
4,720 SF 0.28 ac lot Built 1919
Last sale Aug 2025 · $575,100
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is an approximately 8,232-square-foot commercial building in Downtown Troy, Ohio, located across from the Safety Building and the courthouse in the DORA District. It is configured for food and beverage service and includes a central bar with ample seating, a small front loft area overlooking the bar, and additional first-floor seating at the rear overlooking the brewing area. The interior features food elevators and tap systems, and the lower level houses a full brewing facility.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$178k
Assessed land$22k
Assessed improvement$156k
Effective rate6.02%

Value estimate

· Sep 2026
$260k
$234k – $286k
CAP approach$735k
Sales comparison$690k
NOI build-up
Gross scheduled income$128k
Vacancy & credit loss−$6k
Operating expenses−$31k
NOI · 7.09% cap applied$92k

Realmo valuation models over county records and 10 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 comparables10

Cap rate analysis

How does the asset earn?
7.09%
$92k 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 Office16.3
Parking Facility10.5
Wholesale Shop10.0

Location

214 W Main St Troy, OH 45373
County assessor Recorded deeds · 8 transfers 10 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
424 Race, Troy, OH 45373-3649 $75,000 May 2024 3,620 SF
661 County Rd 25a, Troy, OH 45373-1353 $200,000 Mar 2024 4,000 SF
14 Walnut, Troy, OH 45373-3472 $120,000 Dec 2023 4,207 SF
121 Public, Troy, OH 45373-3275 $505,000 Feb 2023 6,580 SF
Peters, Troy, OH 45373 $385,000 Dec 2021 4,176 SF
2910 Stone Cir, Troy, OH 45373-9355 $425,000 Oct 2021 5,152 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message