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Mixed-Use Property with Office Space
For Sale
$449,000

10150 E Pike Road, Cambridge, OH 43725

CommercialSale, Cambridge, OH

Property Size4,000 SF
Lot Size3.00 Acres
Price / SF$112.25
Days on Market168

Property Features for 10150 E Pike Road

General Information

Property type Commercial Sale
Property subtype Other
Elementary school district Cambridge CSD - 3001
Middle school district Cambridge CSD - 3001
High school district Cambridge CSD - 3001
Directions Property is situated on 40 east of Cambridge.
Standard status Active
APN 02-0000808.000
Lot size 3.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description R3 T2 SA01 QR4 PT E LOT 29
Tax Annual Amount 5173
Legal Description R3 T2 SA01 QR4 PT E LOT 29

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Forced Air, Baseboard
Cooling system Central Air
Water source Public

Amenities

kitchen area
conference area

Building Details

Roof type Rubber
Listing Agency: Carol Goff & Associates
Listed By: Jo A Mason · License #251463
Added: Apr 22 Changed: Sep 12 Last Checked: Oct 6 at 8:06AM
MLS# 5203655

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property at 10150 E Pike Road combines a substantial office layout with finished residential space above. The lower level contains 4,000 square feet of office space, including a kitchen area, conference area, and multiple private offices. A single-car garage is positioned at the rear of the building.

The upper level has finished apartments that can be arranged as up to 4 individual units. The property occupies a 2-acre tract and includes an adjoining 1-acre parcel, for 3 acres in total. A large paved parking area provides on-site parking with additional room for expansion. The building has public water, public sewer, central air, propane forced-air and baseboard heating, and a rubber roof. Its position just off Interstate 77 provides direct proximity to the interstate corridor.

Key Highlights

  • 4,000 square feet of lower‑level office space
  • Finished upper‑level apartments configurable as up to 4 individual units
  • 2‑acre tract plus an adjoining 1‑acre parcel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,444
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,880 $608.9K
Cap Rate 7%
$434,914 $434.9K
Cap Rate 9%
$338,267 $338.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$59.5K $14.88/SF
− Vacancy
−$4.2K −$1.04/SF
EGI
$55.4K $13.84/SF
− OpEx
−$24.9K −$6.23/SF
NOI
$30.4K $7.61/SF
Area
Guernsey County, OH
Vacancy
7.00%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,880
Cap Rate 7%
$434,914
Cap Rate 9%
$338,267

Alternative Uses

Best Use
Mixed Use
$929.8K
$813.6K – $1.08M (±1% cap)
NOI $65,084 @ 7.0% cap · market cap 14.50%
Second Best
Office B
$700.6K
$613.0K – $817.3K (±1% cap)
NOI $49,039 @ 7.0% cap · market cap 10.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Real Estate Agency Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 43725, OH

19,520
Population
9,667
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
88%
High-School Grad
124.2 sq mi
ZIP Area
157
Density / Sq Mi
$51,612
Median Household Income
$35,781
Median Earnings
$789
Median Rent
$160,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes finished apartments above office space with a kitchen, conference area, and individual offices.
Where is this mixed-use property located?
The property is located at 10150 E Pike Road Cambridge, OH.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 4,000 square feet of lower‑level office space; Finished upper‑level apartments configurable as up to 4 individual units; 2‑acre tract plus an adjoining 1‑acre parcel
More about this property
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