Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Remodeled Commercial Property with Loading Title is generated by Realmo AI

    101 Rathbone Road, Marietta, OH 45750

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $490,000

    Remodeled commercial property with offices, warehouse, loading dock, parking.

    Type:Commercial/Industrial
    Property size:
    5,335 SF
    Lot size:
    0.79 Acres
    Price / SF:
    $91/SF
    Added:
    Mar 11, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 5 at 9:39 pm

    Property Features for 101 Rathbone Road

    General Information

    Standard status
    Active
    Size
    5,335 SF
    Lot size
    0.79 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1961

    We can help!

    Listing Contact
    Traci D Strahler Chichester
    Traci D Strahler Chichester

    Listing agent Traci D Strahler Chichester License #2001012898

    Listing office Advantage Real Estate

    Listing date Mar 11, 2026

    Source Exitrealty

    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 Advantage Real Estate

    HighLights

    • Highly visible commercial property on State Route 60/Muskingum Drive.
    • Completely remodeled in 2019 with 5 finished office spaces, conference room, lunch room, and lobby.
    • 22+ off‑street parking spaces and loading dock for deliveries.
    • Two ADA compliant bathrooms plus shower.
    • Grandfathered in as a commercial property (taxed as C4) despite R1 zoning.
    • Owner will consider owner financing or installment sale.

    Overview

    This commercial property, visible from State Route 60/Muskingum Drive in Marietta, was completely remodeled in 2019. It features 5 finished office spaces, a conference room, a lunch room, and a lobby. The property also includes two ADA-compliant bathrooms plus a shower. A newer rubber-coated roof has been installed. The attic, accessible via pull-down steps, provides storage space. The property includes a loading dock for deliveries and pickups, along with 22+ off-street parking spaces. There are two HVAC systems: one services all the finished office areas, and the other serves the warehouse space. The property is suited for specialty retail outlets, light manufacturing/production/assembly work, or small warehouse/distribution. The property is in R1 but is taxed as C4 and grandfathered in as it has always been a commercial property. The property size is 5,335 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pawnee Inc Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Washington
    State
    Ohio
    Longitude
    -81.4626
    Latitude
    39.437

    Nearby Similar for Sale

    • $175,000
      1,806 SF

      Marietta Duplex: Income Potential

      Income-producing duplex near downtown Marietta with long-term tenants.
      112 Scammel Street, Marietta, OH 45750
      View Details
    • $347,500
      5,000 SF

      Income-Producing Mixed-Use Property

      Renovated mixed-use property in Marietta's Harmar Village.
      118 Maple Street, Marietta, OH 45750
      View Details
    • $2,991,000
      7,982 SF

      Freestanding Restaurant Property For Sale

      Freestanding restaurant property with a long-term corporate guaranteed lease.
      206 Cherry Tree Ln, Marietta, OH
      View Details
    • $4,100,000

      Car Wash and Storage Facilities

      Two car washes with storage in high-traffic Marietta, Ohio.
      304 Muskingum Dr, Marietta, OH 45750
      View Details
    • $289,000

      Former Car Lot For Sale

      Commercial property suitable for office or retail development.
      314 Pike St, Marietta, OH 45750
      View Details
    • Contact for pricing
      9,300 SF

      Marietta Retail Building For Lease

      9,300 SF retail building in prime Marietta location.
      301 Greene St, Marietta, OH
      View Details
    • $675,000
      2,463 SF

      Marietta Retail Investment Opportunity

      Retail property with long-term tenant in high-traffic location.
      111 Pike Street, Marietta, OH 45750
      View Details
    • $949,000

      Historical Downtown Marietta Investment Opportunity

      Prime commercial property with successful businesses and luxury apartments.
      246, 246 1/2, 248, 248 1/ Front, Marietta, OH 45750
      View Details

    FAQs

    What type of property is this?
    Flex space - Remodeled commercial property with offices, warehouse, loading dock, parking.
    Where is this flex space located?
    The property is located at 101 Rathbone Road Marietta, OH.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: Highly visible commercial property on State Route 60/Muskingum Drive.; **Completely remodeled in 2019** with 5 finished office spaces, conference room, lunch room, and lobby.; 22+ off‑street parking spaces and loading dock for deliveries.
    (740) 374-7325
    We can help!
    Listing Contact
    Traci D Strahler Chichester
    Traci D Strahler Chichester
    Real Estate License ID: 2001012898
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101 Rathbone Road, Marietta, OH 45750
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!