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Property profile & analytics
OFF-MARKET
Banks

312 Main St Delta, OH 43515-1314

2,300 SF 0.31 ac lot Built 1980
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US66-1611408
Property summary
AI-generated overview

This exceptional commercial property, located at 312 W Main Street Unit 312 in Delta, Ohio, presents a unique investment opportunity. The expansive 22,000 square foot building boasts a recently updated interior, featuring polished concrete floors and fresh paint throughout. The exterior has also undergone significant improvements, including new concrete work at the front entrance and a brand-new sign, ensuring high visibility and curb appeal. The property sits on a one-acre lot on a highly trafficked road, providing excellent exposure for any business. Its strategic location near Northstar Steel further enhances its desirability. Beyond the main building, two additional rental units generate supplementary income, adding to the overall return on investment. This property is ideal for businesses seeking increased visibility and a modern workspace, or for investors looking for a strong rental income stream. The combination of size, location, recent renovations, and rental income potential makes this a truly exceptional offering in the Delta, Ohio market. The open-span design of the main building offers significant flexibility for various business uses. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving area.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1980
Total area 2,300 SF
Lot 0.31 ac (13,547 SF)
APN 31-060228-00.000
UPID US66-1611408
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
Current use
Occupant on record · Public records
  • State Bank Bank Loan Service
  • ATM Atm
  • ATM The State Bk & Tr Co Atm Bank
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
Maumee Rico Properties LLC · 2 yrs held
Maumee Rico Properties LLC
since 2024
2 recorded transactions
2024
$150,000
2020
$75,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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