Freestanding Retail Building with
150 BARKS RD E Marion, OH 43302
150 BARKS RD E, Marion, OH, 43302
Contact for pricing
For Sale
Contact for pricing
Freestanding retail building in a C-5 zone with multiple ingress/egress and ample on-site parking.
Property Size8,400 SF
Lot Size0.95 Acres
Price / SF$78.45
Days on Market58
Property Features for 150 BARKS RD E
General Information
- Standard status
- Active
- Size
- 8,400 SF
- Lot size
- 0.95 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1968
Listing agency
Encore Real Estate Investment Services
Listed by
Deno Bistolarides · License #BRKP.2020008390
Source
Crexi
Added: May 27 Updated: Jul 23 at 5:25AM Checked: Jul 23 at 5:25AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
Former Family Dollar freestanding retail building totaling 8,400 SF, built in 1968, situated on 0.95 acres. The site offers multiple points of ingress/egress and ample on-site parking, supporting a straightforward customer-access layout. The property is zoned C-5.
Located just off Delaware Avenue and directly across from Kroger at 150 Barks Rd E in Marion, OH. Barks Road averages more than 9,500 vehicles per day and Delaware Avenue averages more than 14,500 vehicles per day, providing strong visibility along this established commercial corridor.
The building and site are positioned within a dense retail area with national retailers and other shopping and service uses nearby.
Located just off Delaware Avenue and directly across from Kroger at 150 Barks Rd E in Marion, OH. Barks Road averages more than 9,500 vehicles per day and Delaware Avenue averages more than 14,500 vehicles per day, providing strong visibility along this established commercial corridor.
The building and site are positioned within a dense retail area with national retailers and other shopping and service uses nearby.
Key Highlights
- 8,400 SF freestanding retail building on 0.95 acres, built in 1968
- C‑5 zoning
- Multiple points of ingress/egress and ample on‑site parking
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 | $48.6k | $5.78 |
| − Vacancy | −$1.7k | −$0.21 |
| EGI | $46.8k | $5.57 |
| − OpEx | −$14.0k | −$1.67 |
| NOI | $32.8k | $3.90 |
8,400 SF · lease $5.78/SF/yr · vacancy 3.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$468.1K
$409.6K – $546.2K
NOI $32,770 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.48M – $1.98M
NOI $118,694 @ 7.0% cap · market cap 18.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
LibertyX Bitcoin ATM
Atm
Similar For Sale Nearby
Similar Off Market Nearby
- Kroger Floral — 1428 Marion-Waldo Rd, Marion, OH 43302
FAQs
What type of property is this?
Storefront property - Freestanding retail building in a C-5 zone with multiple ingress/egress and ample on-site parking.
Where is this storefront property located?
The property is located at 150 BARKS RD E Marion, OH.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 8,400 SF freestanding retail building on 0.95 acres, built in 1968; C‑5 zoning; Multiple points of ingress/egress and ample on‑site parking
