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    OFF-MARKET
    Office buildings

    3634 Navarre Ave, Oregon, OH 43616-3443

    3,032 SF 0.3 ac lot Built 1908
    Individually Owned 19-yr Hold Free & Clear
    Property ID
    US66-1367154
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Swaim Robin T Tr · 19 yrs held
    Swaim Robin T Tr
    since 2006
    1 recorded transaction
    2006
    Zoning & alternative use
    40-C5 · Oregon, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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