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    OFF-MARKET
    Parking lots & garages

    891 Locust St, Wilmington, OH 45177-2118

    0.24 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US66-3756808
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 891 Locust Street in Wilmington, Ohio, offers 6,033 square feet of versatile space, perfect for a variety of business ventures. The building is situated on a lot with no acreage specified. Priced competitively at $275,000, this presents a significant opportunity for investors and entrepreneurs seeking a foothold in the thriving Wilmington market. The property's substantial square footage allows for ample room for operations, storage, or expansion. Its general commercial zoning provides flexibility for a wide range of uses, subject to local regulations. The address, 891 Locust Street, offers excellent visibility and accessibility, ensuring convenient access for both employees and customers. This property is an ideal investment for those looking to establish or expand their business in a strategic location within Wilmington. The asking price reflects a compelling value proposition, making it an attractive opportunity for those seeking a strong return on investment. Further due diligence is recommended to fully assess the property's potential and suitability for specific business needs. Interested parties are encouraged to conduct their own independent inspections and research to confirm all details and ensure compliance with all applicable regulations.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Lot 0.24 ac (10,672 SF)
    APN 290-15-17-21-0000-00
    UPID US66-3756808
    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
    • Gailliot Christopher MD Physician
    • Henry Christine E MD Physician
    • Internal Medicine Associates Medical Clinic
    • Imran Minhas Physician
    • Katherine Moore Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Quantimatrix LLC · 1 yrs held
    Quantimatrix LLC
    since 2024
    Last sale
    $260,000
    1 recorded transaction
    2024
    $260,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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