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    111 Morey Dr Marysville, OH 43040

    Sponsored
    For Sale
    $975,000

    Daycare building, adjacent lot, high visibility.

    Property size:
    5,781 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5,781 square foot commercial building presents a lucrative investment opportunity in the thriving city of Marysville, Ohio. Currently leased to LEADS, a well-established daycare center, the property enjoys a prime location ensuring high visibility and easy accessibility. The spacious interior is ideally suited for childcare operations, featuring a layout designed to create a welcoming and functional environment for both children and their parents. The building sits on a one-acre lot, which includes a dedicated parking area for ample staff and visitor parking. A significant advantage is the inclusion of an adjacent vacant lot, offering considerable potential for future expansion of the existing business or the creation of additional parking spaces to meet growing needs. This turnkey operation provides a strong, stable income stream while offering significant upside potential in a rapidly developing community. The property's current lease and desirable location make it an attractive investment for those seeking a stable return and future growth opportunities within the childcare sector. The combination of a successful tenant, ample parking, and expansion potential makes this a truly unique opportunity.

    Property Features for 111 Morey Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,781 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Marysville Head Start ... School LEADS Head Start: ... Preschool

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Union
    State
    Ohio
    Longitude
    -83.36945
    Latitude
    40.22676

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    FAQs

    What type of property is this?
    Commercial real estate - Daycare building, adjacent lot, high visibility.
    Where is this commercial real estate located?
    The property is located at 111 Morey Dr Marysville, OH.
    What is the asking price?
    The asking price for this property is $975,000.
    (614) 763-6663
    Request Owner's contact information
    111 Morey Dr Marysville, OH 43040
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    Realmo Value Estimation

    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.

    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.

    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
    111 Morey Dr Marysville, OH 43040
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