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Property profile & analytics

227 Water Ave Bellefontaine, OH 43311-1731

  • Industrial land
  • 1.02 lot acres
OFF-MARKET
Last Sale
Feb 27, 2024
$25,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-4831212
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial land

Property Details for 227 Water Ave

Lot size
1.02 lot acres
Property type
Industrial land
APN
17-091-16-09-001-000
APU
170911609001000

Description

This exceptional 17,920 square foot industrial property, situated on a 0.74-acre lot at 227 Water Avenue in Bellefontaine, Ohio, presents a compelling investment opportunity. The building boasts three large overhead doors, facilitating efficient loading and unloading of goods. A convenient loading dock further enhances operational efficiency. The property's electrical system has been recently updated, ensuring reliable power for various industrial applications. The zoning designation, M1 - Light Manufacturing, allows for a wide range of potential uses. Beyond the expansive warehouse space, the property includes approximately 2,000 square feet of well-appointed office space, ideal for administrative functions or client meetings. This office area features updated bathrooms and a break room, currently undergoing a refresh with new paint and carpeting. The combination of ample warehouse space, modern office amenities, and strategic location makes this property an attractive option for businesses seeking to expand or relocate. The asking price is $425,000. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this versatile industrial property. The property is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Bellefontaine
County
Logan
State
Ohio
Longitude
-83.7631
Latitude
40.358
CBSA code
13340
CBSA name
BELLEFONTAINE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$512
$9,840
$0.00
$9,840
-
$28,110
$0.00
$28,110
More about this property
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