1018 Ralston AveDefiance, OH 43512
- Retail properties
- 0.55 AC
Property Details for 1018 Ralston Ave
- Lot size
- 0.55 AC
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- I060023000200
- APU
- I060023000200
Description
This exceptional 18,000 square foot multi-tenant building in Defiance, Ohio, presents a prime opportunity for medical professionals or businesses seeking high-visibility space. Located at 1018 Ralston Ave, zip code 43512, in Defiance County, this brick building boasts strong curb appeal and benefits from its location in a thriving area experiencing recent development. Currently, one suite is available, offering 4,300 square feet of adaptable space ideal for a variety of medical office uses. The building's classification includes retail, office, and restaurant uses, reflecting its versatility. The property's total suite count is one, indicating a potential for a single large tenant or the possibility of subdividing the vacant space. While the submarket and submarket cluster data are unavailable, the property's prominent location ensures high traffic and visibility. Note that common area maintenance (CAM) charges are in addition to the base rent. This is a rare opportunity to secure a substantial and well-situated space in a growing area of Defiance. The property is easily accessible and offers excellent visibility for any business.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,050,834
- 6.5%
- $5,585,386
- 7%
- $5,186,430
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,193,084
- Geo Method
- $1,193,084
-
Alternative Use
- Use
- Valuation
- Residential
- $4,711,482
- Hospitality
- $4,315,692
- Educational
- $3,590,605
- Medical
- $3,714,092
- Retail
- $5,585,386
Location Insight
- City
- Defiance
- County
- Defiance
- State
- Ohio
- Latitude
- 41.2982
- Longitude
- -84.372
- CBSA code
- 19580
- CBSA name
- DEFIANCE, OH MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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