Property summary
This exceptional investment opportunity presents a single-tenant, net-leased Family Dollar store located at 50 S 2nd Ave, Middleport, OH 45760. The property, totaling 9,180 square feet, boasts a strong 10.00% capitalization rate, generating a net operating income (NOI) of $56,635. Built in 1988 and renovated in 2003, the building is situated on a prominent corner with high visibility and daily traffic of 6,751 vehicles. The current lease, a modified gross lease, has approximately 5.6 years… remaining, with four, five-year renewal options that include rent bumps. The landlord is responsible for roof, structure, parking lot, and base year property taxes and insurance. Family Dollar, a long-standing tenant (over three decades), recently extended its lease in June 2023. The property benefits from a strong demographic profile, with an average household income exceeding $57,130 within a 5-mile radius and over 12,200 residents in the same area. Its proximity to Wahama Senior High School (1.9 miles) and Rio Grande Community College (7.2 miles) further enhances its strategic location. The asking price is $566,350, representing a compelling price per square foot of $61.69. This is a rare opportunity to acquire a stable, high-performing retail investment with significant long-term potential. The property offers a secure investment with a proven tenant and a favorable lease structure.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,000 SF
- Lot area
- 3.18 ac
- Year built
- 1989
- Stories
- 1
- APN
- 1501604000
- Assessed value · 2023
- $140,320
- Annual tax · 2023
- $7,597
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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