Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    403 Perry St Napoleon, OH 43545

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    403 Perry St Napoleon, OH 43545

    View on Map
    • Banks
    • 0.40 lot acres
    For Sale
    $245,000
    View Listing →
    Prime Napoleon Office Space For Sale
    $245,000

    Prime Napoleon Office Space

    High-Visibility Corner Office, Investment Opportunity

    Okolona, OH 43545
    View Listing
    Property ID
    US66-4953790
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Civista Bank / Bank / Loan Service

    Property Details for 403 Perry St

    Year built
    1957
    Lot size
    0.40 lot acres
    Property type
    Banks
    APN
    41-009334.0200
    APU
    410093340200

    Description

    This exceptional commercial property, located at 403 S Perry Street Unit 403 in Napoleon, Ohio, presents a unique investment or owner-occupancy opportunity. Situated on a 0.4-acre lot at the highly visible corner of State Routes 108 and 110, this stand-alone office building offers unparalleled accessibility and exposure. The property's strategic location makes it ideal for a variety of businesses, including insurance agencies, investment firms, or retail establishments. The building includes a convenient drive-up window, catering to efficient customer service. Ample dedicated off-street parking is available directly at the building's entrance, ensuring convenient access for clients and employees. This property represents a rare find in the Napoleon market, combining prime location, convenient features, and significant potential for growth. The asking price is $245,000. The square footage is not currently specified. Serious inquiries are encouraged to explore this exceptional commercial real estate opportunity. This property offers a unique blend of visibility, accessibility, and functionality, making it an attractive investment for discerning buyers. Its location at the intersection of two major state routes guarantees high traffic volume and significant brand exposure. The included drive-up window adds to the property's operational efficiency, while the dedicated parking ensures a seamless customer experience. Don't miss this chance to acquire a truly exceptional commercial property in a thriving location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Napoleon
    County
    Henry
    State
    Ohio
    Longitude
    -84.1214
    Latitude
    41.3856

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,279
    $12,100
    $55,150
    $67,250
    -
    $34,580
    $157,580
    $192,160

    Comparable in this City

    • Value Estimation by Request
      6,862 SF

      1800 Scott St

      FINANCIAL BUILDING • 6,862 SF
      1800 Scott St, Napoleon, OH 43545-1097
      View Details
    • Value Estimation by Request
      0.20 Acres

      Cor Of N Scott W Main St St

      FINANCIAL BUILDING • 0.20 Acres
      Cor Of N Scott W Main St St, Napoleon, OH 43545
      View Details
    • Value Estimation by Request
      1,353 SF

      1416 Scott St

      FINANCIAL BUILDING • 1,353 SF
      1416 Scott St, Napoleon, OH 43545-1026
      View Details
    • Value Estimation
      $535,000
      22,784 SF

      122 Washington St

      FINANCIAL BUILDING • 22,784 SF
      122 Washington St, Napoleon, OH 43545-1646
      View Details
    • Value Estimation by Request
      0.35 Acres

      801 Perry St

      FINANCIAL BUILDING • 0.35 Acres
      801 Perry St, Napoleon, OH 43545-1521
      View Details
    • Value Estimation by Request
      0.70 Acres

      1429 Scott St

      FINANCIAL BUILDING • 0.70 Acres
      1429 Scott St, Napoleon, OH 43545-1073
      View Details

    Similar Nearby for Sale

    • $819,000
      23,896 SF

      Napoleon Retail and Warehouse Space

      Remodeled retail space with high-ceiling warehouses for sale.
      1409 N Scott St, Napoleon, OH 43545
      View Details
    • Contact for pricing

      Operating Gas Convenience Store ForSale

      Operating gas convenience store in Napoleon, OH. Fee property.
      1201 Scott St, Napoleon, OH 43545
      View Details
    • $819,000

      Remodeled Retail Space with Warehouses

      Retail, warehouse, and manufacturing property with high visibility.
      1409 N Scott St, Napoleon, OH 43545
      View Details
    • $2,000,000
      49,409 SF

      Industrial Building with Expansion Potential

      49,409 SF industrial building with heavy power and crane.
      600 Fillmore St, Napoleon, OH 43545
      View Details
    • Contact for pricing

      Industrial Land with Highway Access

      Industrial land with highway access and rail frontage available.
      Industrial Dr, Napoleon, OH 43545
      View Details
    • $580,250
      23 SF

      Highway Visible Development Site

      23.21 AC commercial development site with highway visibility.
      619 Bonaparte Dr, Napoleon, OH 43545
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,200 to 11,424 sq. ft.
      1247 Scott St, Napoleon, OH 43545
      View Details
    • $3 SF/Yr

      Industrial Building in Napoleon, Ohio

      49,409 SF industrial building available for lease or sale.
      600 Fillmore St, Napoleon, OH 43545
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    403 Perry St
    Napoleon, OH 43545
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    403 Perry St, Napoleon, OH, 43545

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!