945 Clinton St Defiance, OH 43512-9782
Property profile & analytics
945 Clinton St, Defiance, OH 43512-9782
- Commercial land
- 0.24 lot acres
Property ID
US66-3103334
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
- T-Mobile / Mobile Phone Store / Electronics & Wireless Store
Property Details for 945 Clinton St
- Lot size
- 0.24 lot acres
- Property type
- Commercial land
- APN
- I060013B00400
- APU
- I060013B00400
Description
This fee-simple ownership opportunity presents a 2,000 square foot T-Mobile storefront in Defiance, Ohio. The property boasts a new 10-year net lease with a corporate guarantee (NASDAQ: TMUS | S&P: BBB), featuring 10% rent bumps every five years and two five-year renewal options. The building, constructed in 2023, sits on a 0.4-acre lot with 16 parking spaces and benefits from a B-3 zoning designation. Located at 945 N Clinton St, Defiance, OH 43512, this high-traffic location enjoys excellent visibility and access, with proximity to major highways (State Highway 15 and US Highway 24) and a strong retail environment including Northtowne Mall, Walmart, Aldi, Lowe's, Meijer, Kohl's, Menards, and Kroger. The property's strong demographics include over 21,600 residents and 13,300 daytime employees within a 5-mile radius, boasting an average household income of $83,843. The current Net Operating Income (NOI) is $110,000, resulting in a 7.15% capitalization rate. The asking price is $1,538,000 ($769 per square foot). This is a low-management investment opportunity with significant upside potential due to the built-in rent increases and strong tenant history. The property offers a compelling combination of a secure, long-term lease with a creditworthy tenant, a prime location, and attractive financial metrics.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,220,000
- ML approach
- $1,325,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Defiance
- County
- Defiance
- State
- Ohio
- Longitude
- -84.3603
- Latitude
- 41.2993
- CBSA code
- 19580
- CBSA name
- DEFIANCE, OH MICROPOLITAN 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
$754
$14,700
$0.00
$14,700
-
$42,000
$0.00
$42,000
