Property profile

3634 Navarre Ave Oregon, OH 43616

OFF-MARKET
Office buildings
Property ID
US66-1367154
3,032 SF 0.3 ac lot Built 1908
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This vacant, two-story traditional office building at 3634 Navarre Avenue in Oregon, Ohio, presents a compelling investment opportunity. The 3,032 square foot building, constructed in 1908, is situated on a 0.296-acre corner lot at the intersection of Navarre Avenue and Schmidlin Road, offering excellent visibility. The property is zoned C-5 Navarre Ave. Business District and boasts a highly desirable location, directly across the street from a Walmart. Convenient access to I-280 is just 1.5 miles away. The building features a total of seven office/exam rooms, distributed across the first and second floors. Additional space includes a basement for storage and a two-car garage. Four on-site parking spots are available for convenience. The asking price is $239,900, translating to $79.12 per square foot. This Class C building offers significant potential for a variety of uses, given its size, location, and existing infrastructure. The property's vacant status allows for immediate occupancy and customization to suit a new owner's specific needs. The Lucas County location and proximity to major roadways make this a highly attractive investment. The property's APN is 44-68057.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1908
Total area 3,032 SF
Lot 0.3 ac (12,879 SF)
Zoning code 40-C5
APN 44-68057
UPID US66-1367154

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3634 Navarre Ave Oregon, OH 43616-3443
Oregon metro Census 9901 TOLEDO, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

40-C5 · Oregon, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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