1 Us Highway 22 And 3, Morrow, OH 45152
Multi-use commercial and residential property with garage near downtown.
- Added:
- May 9, 2025
- Days on Market:
- 402
- Last Refresh:
- Jan 11 at 1:22 pm
Property Features for 1 Us Highway 22 And 3
General Information
- Standard status
- Active
- Size
- 1,445 SF
- Lot size
- 0.50 Acres
Listing agent Scott J Wert (513) 344-2080
Listing office Comey & Shepherd (513) 344-2080
Listing date May 9, 2025
Source Exprealty
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 Comey & Shepherd
HighLights
- Multi‑use commercial & residential zoning offers flexibility.
- 4‑car garage with additional lot space.
- Updated 1,045 SF above ground plus 400 SF bonus loft.
- Less than 1 mile from downtown Morrow.
- Great visibility.
- Hard to find property.
Overview
Local Financial Insights For Mixed Use
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 | $31.2k | $21.60 |
| − Vacancy | −$2.0k | −$1.38 |
| EGI | $29.2k | $20.22 |
| − OpEx | −$11.0k | −$7.58 |
| NOI | $18.3k | $12.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Morrow
- County
- Warren
- State
- Ohio
- Longitude
- -84.1381
- Latitude
- 39.3551
