1247 Scott StNapoleon, OH 43545

  • Retail properties
  • 2.16 AC
For Lease

Property Details for 1247 Scott St

Year built
1990
Lot size
2.16 AC
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
41-140138.0000
APU
411401380000

Description

This exceptional retail property, Napoleon Centre, located at 1247 Scott St, Napoleon, OH 43545, offers 18,835 square feet of prime commercial space. Currently, there are 17,634 square feet of vacant space available, perfect for a variety of retail businesses. The property is configured to accommodate multiple tenants, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 11,424 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable retail space in a thriving Ohio community. The building's strategic location provides excellent visibility and accessibility, ensuring high foot traffic and customer engagement. The property is ideally suited for a range of retail concepts, from smaller boutiques to larger-scale operations. With its versatile layout and ample square footage, Napoleon Centre offers a compelling investment opportunity for businesses looking to establish or expand their presence in a dynamic market. The property's multiple tenancy option allows for diverse business synergy and shared operational costs. Don't miss this chance to secure a prominent retail location in a vibrant community. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,677,398
    6.5%
    $21,856,060
    7%
    $20,294,912
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,688,912
    Geo Method
    $18,688,912
  • Alternative Use

    Use
    Valuation
    Residential
    $18,436,404
    Hospitality
    $16,887,646
    Educational
    $14,050,324
    Medical
    $14,533,536
    Retail
    $21,856,060
1247 Scott St, Napoleon, Ohio

Location Insight

City
Napoleon
County
Henry
State
Ohio
Latitude
41.398
Longitude
-84.1334

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
$34,864
$45,360
$502,590
$547,950
-
$129,600
$1,435,980
$1,565,580

FAQs

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