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    Union Mixed-Use Property Available Title is generated by Realmo AI

    0 Philipsburg Union Rd, Englewood, OH 45322

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    Claim this Listing
    For Sale
    $625,000

    Mixed-use property in Union, OH, totaling 4,410 square feet.

    Type:Mixed Use
    Property size:
    4,410 SF
    Price / SF:
    $141/SF
    Added:
    Dec 3, 2025
    Days on Market:
    213
    Last Refresh:
    Apr 5 at 8:16 pm

    Property Features for 0 Philipsburg Union Rd

    General Information

    Standard status
    Active
    Size
    4,410 SF
    Property subtype
    Mixed Use

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    Patrick Williams
    Patrick Williams

    Listing office

    Listing date Dec 3, 2025

    Source Cbcworldwide

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Patrick Williams

    HighLights

    • Property Address: 0 Philipsburg Union Rd, Union, OH 45322

    Overview

    Located in Union, Ohio, this mixed-use property offers 4,410 square feet of space.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $75.7k $17.16
    − Vacancy −$13.8k −$3.14
    EGI $61.8k $14.02
    − OpEx −$23.2k −$5.26
    NOI $38.6k $8.76
    4,410 SF · lease $17.16/SF/yr · vacancy 18.30% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $552.0K
    $483.0K – $644.0K (±1% cap)
    NOI $38,642 @ 7.0% cap · market cap 6.18%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $41.71M
    $36.50M – $48.66M (±1% cap)
    NOI $2,919,715 @ 7.0% cap · market cap 467.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Englewood
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.3314
    Latitude
    39.8939

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Union, OH, totaling 4,410 square feet.
    Where is this mixed-use property located?
    The property is located at 0 Philipsburg Union Rd Englewood, OH.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Property Address: 0 Philipsburg Union Rd, Union, OH 45322
    More about this property
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