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Property profile & analytics
FOR SALE
Parking lots & garages

407 Peters Ave Troy, OH 45373

4,296 SF 0.46 ac lot Built 1974
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-6290656
Property summary
AI-generated overview

This exceptional turnkey business opportunity in Troy, Ohio presents a chance to acquire a well-established automotive repair facility. Located at 407 Peters Avenue, this 4,296 square foot building sits on a 0.46-acre lot and has been successfully operating since 1990. The property includes a designated auto repair area with multiple service bays, perfectly suited for efficient workflow. A separate, dedicated space houses a paint booth and body shop, allowing for comprehensive vehicle repair services. The office area has undergone recent renovations, providing a modern and functional workspace for administrative tasks and customer interaction. The sale includes not only the real estate but also existing equipment and a valuable established customer base, offering immediate revenue potential. This is a rare opportunity to own a profitable, long-standing business with a proven track record. The building itself was constructed in 1974, ensuring a solid foundation for continued success. The combination of established clientele, comprehensive facilities, and prime location makes this an attractive investment for an entrepreneur seeking a ready-to-run automotive business. Priced at $525,000, this property offers a unique blend of real estate and business acquisition, presenting a significant return on investment.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1974
Total area 4,296 SF
Lot 0.46 ac (19,820 SF)
APN D08-094240
UPID US66-6290656
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
  • Smith Co. Advertising Agency Marketing & Advertising
  • Bodey's Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tc Bodey Properties LLC · 3 yrs held
Tc Bodey Properties LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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