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Property profile & analytics
OFF-MARKET
Commercial real estate

5492 Oh-121 Greenville, OH 45331

7,936 SF 0.33 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This Greenville, OH commercial property offers 7,936 square feet (per tax card) of versatile space on a 0.33-acre lot. The building includes retail space with a current tenant (tenant pays gas and electric), heated by a natural gas furnace. A sizable flex space, previously a cycle shop, presents numerous redevelopment possibilities. A large 35x26 garage features two overhead doors and a 16x15 storage room. Upstairs, a spacious two-bedroom apartment boasts a 16x16 kitchen, 20x15 living room, bedrooms measuring 13x12 and 12x9, a 12x11 utility room, and a 22x6 mudroom. Three additional rooms (15x7, 16x12, 16x14) accessible via a spiral staircase offer potential for expansion of either the commercial or residential areas. The property includes three electric meters, two gas meters, and a well. Note that a buried gas tank is present, and a new septic system will be required. Zoned B-1, this property, sold off a larger parcel, offers significant potential for various commercial uses. The legal description for this original parcel is already established. This is an ideal opportunity for investors or business owners seeking a unique and adaptable space. The asking price is $125,000.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Total area 7,936 SF
Lot 0.33 ac (14,375 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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