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    OFF-MARKET
    Small apartment buildings

    2448 Refugee St, Millersport, OH 43046

    Property ID
    US66-1985780
    Property summary
    AI-generated overview

    This exceptional Millersport property, located at 2448 Refugee Street, offers a unique investment opportunity. The offering encompasses two adjacent parcels totaling approximately 20,908.8 square feet, zoned R-599 and R-500 (parcel numbers 0510306100 & 0510306200). One parcel is vacant land, while the other features a 20 x 44 concrete block garage structure, though currently lacking utilities. The lots measure 187 x 55 and 198 x 55 feet respectively, providing ample space for development. Situated in the heart of Millersport's business district, this property benefits from direct frontage on Refugee Street and convenient back access via an alley. Existing infrastructure includes water and sewer taps, with gas and electric readily available. The property's central location and versatile zoning make it ideal for a variety of commercial ventures, capitalizing on the positive growth and development within the area. This is a rare chance to establish a business in a thriving Ohio community. The asking price for this combined land and building opportunity is $350,000.

    Property profile
    Verified
    Property type Small apartment buildings
    UPID US66-1985780
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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