2358 23Rd St Bellaire, OH 43906
- Office buildings
- 5,304 SF
- 10.24 lot acres
Current Use by Public Records
- Waco Oil & Gas / Gas Company
Property Details for 2358 23Rd St
- Year built
- 1997
- Lot size
- 10.24 lot acres
- Property size
- 5,304 SF
- Property type
- Office buildings
- APN
- 29-02385-000
- APU
- 2902385000
Description
This 5,772 square foot commercial property in Bellaire, OH, offers a unique blend of office and industrial space on over 10 acres of flat land. Built in 1997, the building features a well-designed interior with ample office space and large conference rooms, suitable for various uses including research and development, tech startups, or any business needing flexible space. The expansive 10+ acre lot presents significant expansion opportunities, allowing for additional buildings, storage facilities, or a lay-down yard. Located in Bellaire, this property enjoys proximity to the downtown area and is just 15 minutes from a proposed ethane cracker plant, making it ideally situated for businesses seeking to capitalize on regional growth, particularly in the petrochemical sector. Its accessibility to major transportation routes ensures high visibility and ease of access, benefiting businesses in manufacturing, logistics, or other industries requiring strategic placement and operational efficiency. Currently vacant, this property is ready for immediate occupancy. The asking price is $1,100,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $290,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $290,000
- Mixed-Use
- $310,000
- Hospitality
- $265,000
- Educational
- $225,000
- Residential Income
- $250,000
- Energy
- $280,000
- Income-Based Land
- $245,000
- Food Service
- $245,000
Location Insight
- Map
- Local Demand
- City
- Bellaire
- County
- Belmont
- State
- Ohio
- Longitude
- -80.756
- Latitude
- 40.0069
- CBSA code
- 48540
- CBSA name
- WHEELING, WV-OH METROPOLITAN STATISTICAL AREA