Two-Level
For Sale
$345,000
11801 Gallia Pike, Wheelersburg, OH 45696
An open-concept commercial space includes a public restroom and basement storage.
Property Size2,682 SF
Price / SF$128.64
Days on Market10
Property Features for 11801 Gallia Pike
General Information
Standard status
Active
Size
2,682 SF
Property subtype
Commercial
Zoning
Commercial
Amenities
public restroom
basement for storage
Building Details
Building Size
2,682 SF
Year Built
1925
Units
1
Listing Agency:
Sinclair Real Estate
(740) 354-1151
Listed By:
Marsha, Justice
(740) 352-6286
Source:
Sinclairre
Added: Oct 16
Changed: Oct 24
Last Checked: Oct 24 at 3:05PM
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 Sinclair Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,682-square-foot storefront, built in 1925, has an open-concept layout, a public restroom, and a basement designated for storage. The upper floor adds space, and wood flooring was installed as part of a renovation.
The property is zoned Commercial and is located at 11801 Gallia Pike in Wheelersburg, Ohio.
The property is zoned Commercial and is located at 11801 Gallia Pike in Wheelersburg, Ohio.
Key Highlights
- 2,682‑square‑foot storefront
- Upper level and basement storage
- Open‑concept layout with a public restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,360
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$207,200
$207.2K
Cap Rate 7%
$148,000
$148.0K
Cap Rate 9%
$115,111
$115.1K
Market Conditions
NOI Build-Up for 2,682 SF
Gross rent
$15.4K $5.76/SF
− Vacancy
−$649 −$0.24/SF
EGI
$14.8K $5.52/SF
− OpEx
−$4.4K −$1.66/SF
NOI
$10.4K $3.86/SF
Area
Lawrence County, OH
Vacancy
4.20%
Lease Rate
$5.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$207,200
Cap Rate 7%
$148,000
Cap Rate 9%
$115,111
Alternative Uses
Best Use
Retail
$148.0K
$129.5K – $172.7K
NOI $10,360 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$610.5K
$534.2K – $712.3K
NOI $42,735 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
76k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 23%
Hotels & Casinos 2%
Wendy's
Dining
19,273 visits/mo
0.4 miles
Taco Bell
Dining
11,991 visits/mo
0.4 miles
Arby's
Dining
10,354 visits/mo
0.4 miles
Dollar General
Shops & Services
8,905 visits/mo
0.3 miles
Little Caesars Pizza
Dining
7,452 visits/mo
0.5 miles
Demographics for 45696, OH
1,253
Population
468
Households
2.7
Avg Household Size
43
Median Age
16%
College-Educated
84%
High-School Grad
34.8 sq mi
ZIP Area
36
Density / Sq Mi
$31,016
Median Household Income
$61,914
Median Earnings
$151,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Khloris Crafts — 468 Dewey St, Wheelersburg, OH 45694
- Bihl's Flowers & Gifts — 8209 Green St, Wheelersburg, OH 45694
- Four Seasons Floral Designs — 1280 Dogwood Ridge Rd, Wheelersburg, OH 45694
Frequently Asked Questions
What type of property is this?
Storefront property - An open-concept commercial space includes a public restroom and basement storage.
Where is this storefront property located?
The property is located at 11801 Gallia Pike Wheelersburg, OH.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2,682‑square‑foot storefront; Upper level and basement storage; Open‑concept layout with a public restroom
