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621 S Main St Englewood, OH 45322

Auto shops Google Maps
1,635 SF 0.23 ac lot Built 1964
Entity Owned 8-yr Hold ~ Est. High Equity
Estimated value (blended)
$175k
Range $158k – $193k (±10%)
Property ID US66-2233739

Property summary

AI-generated overview

This exceptional commercial property, located at 621 S Main Street in Englewood, Ohio, presents a lucrative investment opportunity. The 0.59-acre lot boasts a 3,286 square foot retail space, ideally suited for an auto shop or similar business. Its strategic corner location on South Main Street ensures high visibility and accessibility, benefiting from an estimated 20,000 vehicles passing daily. The property is zoned commercial, offering flexibility for various uses. The building's size and prominent location provide ample space for operations and customer parking. This is a rare opportunity to acquire a well-positioned retail space in a thriving area of Montgomery County, Ohio, with significant potential for growth and return on investment. The asking price is $400,000. The property's address is 621 S Main St, Englewood, OH 45322. Its geographic coordinates are latitude 39.868784850990195 and longitude -84.29349158986038. This turnkey operation is ready for a new owner to capitalize on its established presence and high traffic volume.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1964
Construction FRAME
Total area 1,635 SF
Lot 0.23 ac (10,075 SF)
APN M57 00205 0007
UPID US66-2233739

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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