205 Defiance StWapakoneta, OH 45895

Property Details for 205 Defiance St

Year built

2004

Lot size

0.20 AC

Property size (Sq ft)

6,816 SF

Property type

Retail space

APN

B07-005-007-00

APU

B0700500700

Description

This exceptional 7,000 square foot retail strip center, located at 205 Defiance Street in Wapakoneta, Ohio, presents a fantastic opportunity for businesses seeking high-visibility space. The property boasts a prime location in a thriving commercial area, offering convenient access to major roadways and ample parking for customers and employees. Currently, 1,200 square feet of retail space is available for lease, providing flexibility for a variety of business types. The well-maintained building sits on a 0.78-acre lot (33,767 square feet), providing 39 total parking spaces. The existing layout is customizable, allowing tenants to design the space to perfectly suit their operational needs. The property's high visibility and ample parking make it an ideal location for attracting customers and establishing a strong business presence. This is a rare opportunity to secure a well-located retail space in a growing community. The property offers a blend of convenience, visibility, and adaptability, making it an attractive option for businesses looking to expand or establish a new location in Wapakoneta, Ohio. The zip code is 45895. Don't miss this chance to secure your business's future in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,922,593

  6.5%

  $1,774,701

  7%

  $1,647,937

• Comparable approach

  Method

  Valuation

  Relative Method

  $338,202

  Geo Method

  $338,202

• Alternative Use

  Use

  Valuation

  Residential

  $1,497,027

  Hospitality

  $1,371,269

  Educational

  $1,140,879

  Medical

  $1,180,116

  Retail

  $1,774,701

Location Insight

City

Wapakoneta

County

Auglaize

State

Ohio

Latitude

40.5728

Longitude

-84.1974

CBSA code

47540

CBSA name

WAPAKONETA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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