Versatile Flex Retail
62240 Bailey Road Barnesville Barnesville, OH 43713
New
Versatile commercial building with interior space, large roadside display windows, and a dedicated loading dock on 2.78 acres.
Property size:
5,152 SFLot size:
2.78 AcresPrice / SF:
$117/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 4:01 am
Property Features for 62240 Bailey Road Barnesville
General Information
- Standard status
- Active
- Size
- 5,152 SF
- Lot size
- 2.78 Acres
Building Details
- Year Built
- 1977
Listing office (330) 590-5379
Listing date Jul 9, 2026
Source Akroncantonhomesonline
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 Linda Reibenstein
Investment Insights
Based on property information with market context.
This versatile commercial building offers a functional mix of interior space and merchandising visibility. Large display windows line the roadside, and the interior includes ample storage along with a spacious open layout that can support a range of retail, warehouse, showroom, or service-oriented uses. A dedicated loading dock is included to support deliveries and day-to-day operations.
The property is located in Barnesville, Ohio on a high-traffic stretch of State Route 147, providing visibility and convenient access for customers and vehicles. The site totals 2.78 acres, offering room for operational needs associated with flexible commercial use.
Offered for sale, this building also is listed for lease under MLS #5165715.
The property is located in Barnesville, Ohio on a high-traffic stretch of State Route 147, providing visibility and convenient access for customers and vehicles. The site totals 2.78 acres, offering room for operational needs associated with flexible commercial use.
Offered for sale, this building also is listed for lease under MLS #5165715.
Key Highlights
- 2.78‑acre commercial property on a high‑traffic stretch of State Route 147 in Barnesville, OH
- 5,152 sq ft total interior space designed for retail, warehouse, showroom, or service‑based uses
- Large roadside display windows along the street for product visibility
Local Financial Insights For Retail
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 | $56.9k | $11.04 |
| − Vacancy | −$2.3k | −$0.44 |
| EGI | $54.6k | $10.60 |
| − OpEx | −$16.4k | −$3.18 |
| NOI | $38.2k | $7.42 |
5,152 SF · lease $11.04/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$546.0K
$477.8K – $637.0K
NOI $38,222 @ 7.0% cap · market cap 6.29%
Second Best
Warehouse
$367.2K
$321.3K – $428.5K
NOI $25,707 @ 7.0% cap · market cap 4.23%
Theoretical Best
Specialty Retail
$1.01M
$883.7K – $1.18M
NOI $70,697 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile commercial building with interior space, large roadside display windows, and a dedicated loading dock on 2.78 acres.
Where is this flex space located?
The property is located at 62240 Bailey Road Barnesville Barnesville, OH.
What is the asking price?
The asking price for this property is $607,500.
What are key features of this property?
This property features: 2.78‑acre commercial property on a high‑traffic stretch of State Route 147 in Barnesville, OH; 5,152 sq ft total interior space designed for retail, warehouse, showroom, or service‑based uses; Large roadside display windows along the street for product visibility
