439 N Main St New Carlisle, OH 45344
Property profile & analytics
439 N Main St New Carlisle, OH 45344
- Retail space
- 6,831 SF
- 0.80 lot acres
Property ID
US66-0197060
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.
Location Intelligence
Current Use by Public Records
- UPS Access Point location / Courier Service / Postal Service
- Advance Auto Parts / Auto Parts Store
Property Details for 439 N Main St
- Year built
- 2006
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.80 lot acres
- Property size
- 6,831 SF
- Property type
- Retail space
- APN
- 030-05-00029-101-004
- APU
- 300500029101004
Description
This exceptional investment opportunity presents a 5,347 square foot freestanding Advance Auto Parts retail building situated on a 0.71-acre lot at 439 N Main St, New Carlisle, OH 45344. The property boasts a strong 6.65% cap rate and a substantial net operating income (NOI) of $99,000. Built in 2006, the building is under a triple-net (NNN) lease with a corporate guarantee from Advance Auto Parts, providing significant tenant credit strength. The lease commenced May 18, 2006, and has a remaining term of approximately 7 years, extending to October 31, 2031, with three 5-year renewal options at 5% rent bumps per option. The asking price is $1,488,721, translating to a price per square foot of $278.42. The property benefits from its location in a thriving area with a strong population base of over 9,500 people within a 3-mile radius and projected population growth. The surrounding area includes several national tenants, enhancing the property's visibility and desirability. Advance Auto Parts' essential retail nature contributes to its resilience against economic downturns. This is a compelling investment opportunity offering stability, strong returns, and long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,270,000
- ML approach
- $1,270,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $985,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Carlisle
- County
- Clark
- State
- Ohio
- Longitude
- -84.0247
- Latitude
- 39.9451
- CBSA code
- 44220
- CBSA name
- SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
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
$0.00
$20,630
$136,420
$157,050
-
$58,930
$389,760
$448,690
