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Property profile & analytics
OFF-MARKET Estimated value $1,510,000
Auto shops

2255 Michigan St Sidney, OH 45365-9077

0.78 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-0350242
Property summary
AI-generated overview

This exceptional 4.13-acre commercial land parcel presents a unique investment opportunity in Sidney, Ohio. Located at 2255 W Michigan St, this single-tenant property offers significant potential for development. The expansive lot size provides ample space for a variety of commercial uses, catering to businesses seeking a prominent location within Shelby County. The property's zoning (not specified in provided information) will need to be verified by prospective buyers to determine allowable uses. Given its size and location, this land is ideal for businesses requiring significant space for operations, storage, or expansion. The address is easily accessible from W Michigan St, offering excellent visibility and convenient access for customers and employees. This property is offered for lease and represents a chance to establish a strong presence in a growing market. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. Further due diligence is recommended to confirm all aspects of the property's suitability for intended use. The property is situated in Shelby County, Ohio, with a zip code of 45365. The latitude and longitude coordinates are 40.2875831 and -84.1893159 respectively. This information is provided for location verification purposes.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.78 ac (33,933 SF)
APN 01-1834226.018
UPID US66-0350242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.46M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.51M
Owner & transaction history
Take 5 Properties Spv LLC · 2 yrs held
Take 5 Properties Spv LLC
since 2023
Last sale
$1.5M
3 recorded transactions
2023
Price N/A
2023
$1.5M
2022
$675,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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