Property profile

9360 State Rte 43 Streetsboro, OH 44241

OFF-MARKET
Auto shops
Property ID
US66-5530628
1,932 SF 0.66 ac lot Built 1961
Individually Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,932 square foot service repair garage is situated on a desirable 0.66-acre corner lot in Streetsboro, Ohio, offering unparalleled convenience and accessibility. The property boasts three 10-foot bay doors, two of which include additional rear bay door access, enhancing operational efficiency. Two vehicle lifts are included: one new 2-post 10,000 lb lift and one 4-post 12,000 lb drive-on lift. The building features 14-foot ceilings, providing ample vertical space for various uses. Recent upgrades include a new heater in the shop and a new furnace in the office/lobby area. A newly drywalled loft space offers versatile potential for additional office space or storage. Separate half-bathrooms cater to both customers and employees. Ample parking is available both in front and behind the building, accessible from State Route 43 and Cecil Drive. The exterior features vinyl siding and a roof approximately 10 years old. This property benefits from a prime location near a variety of retail and dining options, and is less than 10 minutes from the convenience of I-480/80. The property is zoned for Commercial Garage use (Land Use 455) and has an Occupancy type code of 528 (Service Repair Garage). This is a turn-key opportunity for a discerning buyer.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1961
Total area 1,932 SF
Lot 0.66 ac (28,619 SF)
APN 35-046-10-00-057
UPID US66-5530628

Cap rate & NOI

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

Location

9360 State Rte 43 Streetsboro, OH 44241-5326
Streetsboro metro Census 600403 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2017
5 recorded transactions
2017
$162,500
2009
$133,334
2009
$133,334
2002
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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