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23359 Coshocton Rd 3,600 SF 100% Leased Retail Building Howard, OH 43028 $245,000 ($68.06/SF) 10.24% Cap Rate
Investment Highlights
- Prime Mixed-Use Investment Opportunity in Howard, Ohio — Anchored by the U.S. Post Office
Executive Summary
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$30,800
|
$8.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$30,800
|
$8.56
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,714
|
$1.59
|
| Net Operating Income |
$25,086
|
$6.97
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $30,800 |
| Annual Per SF | $8.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $30,800 |
| Annual Per SF | $8.56 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,714 |
| Annual Per SF | $1.59 |
| Net Operating Income | |
|---|---|
| Annual | $25,086 |
| Annual Per SF | $6.97 |
Property Facts Under Contract
Amenities
- Corner Lot
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Transportation and Warehousing
- -
- $6.35
- Modified Gross
- Nov 2012
The United States Postal Service began operations in 1971, building on a federal postal history that dates to 1775. The organization handles mail processing and delivery across the United States and associated areas, and its services include shipping options, postage, package pickup, tracking, and postal retail offerings for everyday mail needs. The business also supports commercial mailers with business shipping tools, online label printing, price calculators, and mailing services for letters, parcels, and international shipments. The Postal Service generally funds operations through postage, products, and services rather than tax dollars, which shapes its role as a self-supported mail and shipping provider within the federal system.
- USPS
- Transportation and Warehousing
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Transportation and Warehousing | - | $6.35 | Modified Gross | Nov 2012 | |
| USPS | Transportation and Warehousing | - | - | - | - |
Property Taxes
| Parcel Number | 21-00261.000 | Improvements Assessment | $26,540 |
| Land Assessment | $2,850 | Total Assessment | $29,390 |
Property Taxes
Contact the Sale Advisor
23359 Coshocton Rd