14617 Kettlersville RdWapakoneta, OH 45895

Property Details for 14617 Kettlersville Rd

Year built

2011

Lot size

1.04 AC

Property size (Sq ft)

5,520 SF

Property type

Retail properties

Property subtype

Auto shops

APN

G22-034-034-01

APU

G2203403401

Description

This exceptional commercial property at 14617 Kettlersville Road, Wapakoneta, OH, presents a unique investment opportunity. The 5,200 square foot building sits on a 2.2-acre lot and boasts a 50' x 100' steel structure with five bays, perfect for a thriving towing operation. Included in the sale is a well-established, turnkey towing business operating for 32 years in the Upper Miami Valley. The business comes complete with a substantial inventory of towing supplies, shop tools, and equipment, including two small wreckers, two rollbacks, and two heavy wreckers. This ensures a smooth transition for a new owner. Adding to the appeal is a separate two-bedroom home on the property, currently generating rental income of $850 per month. This provides an additional revenue stream and potential for future expansion. The asking price for this complete package is $1,750,000. This is a rare chance to acquire a profitable, established business with significant assets and immediate income potential. The property's size and location offer ample room for growth and diversification. Serious inquiries are encouraged to explore this exceptional opportunity. All equipment and inventory are included in the sale price.

• CAP approach

  CAP return

  Valuation

  6%

  $1,557,030

  6.5%

  $1,437,258

  7%

  $1,334,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $273,896

  Geo Method

  $273,896

• Alternative Use

  Use

  Valuation

  Residential

  $1,212,381

  Hospitality

  $1,110,534

  Educational

  $923,952

  Medical

  $955,728

  Retail

  $1,437,258

Location Insight

City

Wapakoneta

County

Auglaize

State

Ohio

Latitude

40.5636

Longitude

-84.2606

CBSA code

47540

CBSA name

WAPAKONETA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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