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Investment Highlights
- Great Visability
- New Paint and Flooring
- Natural Light
Executive Summary
Property Facts Under Contract
Amenities
- Signage
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ron's Travel & Service
- Services
- -
- -
- -
tate Farm is one of the largest insurance and financial services organizations in the United States, operating as a mutual company owned by its policyholders. Founded in 1922, the company has built a longstanding reputation for stability, scale, and customer-focused service across personal, commercial, and financial product lines. The organization provides a broad range of offerings, including auto, home, renters, life, health, and business insurance, along with banking, lending, and investment services through affiliated entities. State Farm serves tens of millions of customers nationwide and maintains one of the most extensive insurance distribution networks in the country through independent local agents supported by centralized enterprise operations. As a mutual insurer, State Farm prioritizes long-term financial strength, risk management, and policyholder value over short-term market performance. The company consistently ranks among the largest insurers in North America by premiums written and policies in force, particularly in auto and homeowners insurance. State Farm operates at national scale with a highly integrated organizational structure encompassing underwriting, claims, technology, analytics, legal, compliance, marketing, and customer service functions. Its operations are supported by a large professional workforce and advanced digital platforms designed to enhance claims handling, customer experience, and operational efficiency. Guided by a strong brand identity and a long-standing emphasis on trust and reliability, State Farm continues to play a central role in the U.S. insurance and financial services landscape.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ron's Travel & Service | Services | - | - | - | ||
|
Finance and Insurance | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
A wonderful, move-in-ready office space for lease with excellent road visibility. The 2,670 SF building leases at $23/SF ($5,118 per month), with tenants responsible for all utilities and 3% annual escalations on base rent. The first floor features six dedicated offices, a main reception entrance, a separate reception/waiting area, and dedicated men’s and women’s restrooms. The second floor offers an open office area, one private office, and a unisex restroom. The property has been recently renovated with new flooring, fresh interior and exterior paint, and brand-new landscaping.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,670 SF | Office | - | Now |
1st Floor
| Size |
| 2,670 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 2,670 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
A wonderful, move-in-ready office space for lease with excellent road visibility. The 2,670 SF building leases at $23/SF ($5,118 per month), with tenants responsible for all utilities and 3% annual escalations on base rent. The first floor features six dedicated offices, a main reception entrance, a separate reception/waiting area, and dedicated men’s and women’s restrooms. The second floor offers an open office area, one private office, and a unisex restroom. The property has been recently renovated with new flooring, fresh interior and exterior paint, and brand-new landscaping.
Property Taxes
| Parcel Number | 5-146A-133 | Improvements Assessment | $3,850,160 |
| Land Assessment | $1,200 | Total Assessment | $3,851,360 |
Property Taxes
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494 W Crogan St
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