2448 Refugee St, Millersport, OH 43046
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.