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    5492 Oh-121 Greenville, OH 45331

    Sponsored
    For Sale
    $125,000

    Versatile 7,936 sq ft Commercial Property

    Property size:
    7,936 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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 Features for 5492 Oh-121

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,936 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenville
    County
    Darke
    State
    Ohio
    Longitude
    -84.64792
    Latitude
    40.07763

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 7,936 sq ft Commercial Property
    Where is this commercial real estate located?
    The property is located at 5492 Oh-121 Greenville, OH.
    What is the asking price?
    The asking price for this property is $125,000.
    (937) 548-5750
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    5492 Oh-121 Greenville, OH 45331
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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
    5492 Oh-121 Greenville, OH 45331
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