3705 State Rd Ashtabula, OH 44004-5957
- Retail space
- 17,982 SF
- 0.97 lot acres
Current Use by Public Records
- United Way of Ashtabula County / Non-Profit Organization
- NetStaff / Manufacturer
- Huffman-Mayer Wealth Management Group / Investment Service
- Wells Fargo Advisors / Investment Service / Financial Consultant
- Robert Blake / Physical Therapist
Property Details for 3705 State Rd
- Year built
- 1942
- Construction
- WOOD
- Lot size
- 0.97 lot acres
- Property size
- 17,982 SF
- Property type
- Retail space
- APN
- 03-021-00-003-00
- APU
- 30210000300
Description
This exceptional retail property, located at 3705 State Rd in Ashtabula, Ohio, presents a unique investment opportunity. The building, constructed in 1942, is a Class B, two-story structure situated on a 0.968-acre lot. The property features a single available retail space totaling 4,100 square feet, ideal for a variety of businesses. The property's multiple tenancy allows for flexibility and potential for future expansion. Its convenient location in Ashtabula, Ohio, offers excellent visibility and accessibility for customers. The property's APN is 03-021-00-003-00, and it's located in Ashtabula County, Ohio, zip code 44004. The building itself consists of one structure with two stories, offering ample space for retail operations. While the exact number of suites is currently unavailable, the single available space provides a significant opportunity for a business seeking a prominent location in a thriving community. This property is a rare find in the Ashtabula market, offering a blend of history and potential for future growth. The property's size and location make it an attractive option for businesses seeking a strong presence in the area. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $440,000
- 6.5%
- $440,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $470,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $455,000
- Retail
- $410,000
- Mixed-Use
- $440,000
- Hospitality
- $470,000
- Educational
- $390,000
- Residential Income
- $360,000
- Energy
- $375,000
- Income-Based Land
- $355,000
- Food Service
- $475,000
Location Insight
- Map
- Local Demand
- City
- Ashtabula
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.773
- Latitude
- 41.872
- CBSA code
- 11780
- CBSA name
- ASHTABULA, OH MICROPOLITAN STATISTICAL AREA