Property profile

223 Spruce St Jefferson, OH 44047

OFF-MARKET
Warehouses
Property ID
US66-2999966
41,900 SF 5.68 ac lot Built 2001
Entity Owned 16-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Total area 41,900 SF
Lot 5.68 ac (247,247 SF)
APN 26-024-00-031-00
UPID US66-2999966

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
  • Industrial Manufacturer Production Facility
  • Marketing & Advertising

Location

223 Spruce St Jefferson, OH 44047-8321
Jefferson metro Census 1102 ASHTABULA, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.71M
Comparable Approach Comparable
$1.94M
Blend (final) Blend
$720k

Owner & transaction history

since 2010
1 recorded transaction
2010
$280,000

Zoning & alternative use

Top alternative use upside
Restaurant $2.9M +56.2%
Office building $2.6M +40.7%
Commercial (general) $2.4M +28.5%

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
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?”
You own 223 Spruce St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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