121 Ewing Street Centerburg, OH 43011
Mixed-use property with retail, office, apartment, and outbuildings.
Property Features for 121 Ewing Street
General Information
- Standard status
- Active
- Size
- 6,900 SF
- Property subtype
- Retail, Industrial, Mixed Use
Listing office Red 1 Realty
Listing date May 13, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- 10,000+ sq ft total building space across multiple structures.
- Prime location near the Heart of Ohio Trail.
- Versatile commercial property with multiple potential uses.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.2k | $6.41 |
| − Vacancy | −$3.7k | −$0.54 |
| EGI | $40.5k | $5.87 |
| − OpEx | −$12.2k | −$1.76 |
| NOI | $28.4k | $4.11 |