Four-Unit Business-Zoned Office
For Sale
$380,000
4445 East Pike, Zanesville, OH 43701
Business zoning supports a multi-suite office configuration.
Property Size2,472 SF
Price / SF$153.72
Days on Market98
Property Features for 4445 East Pike
General Information
Standard status
Active
Size
2,472 SF
Class
B
Property subtype
Office
Additional Details
Office Units
4
Building Details
Building Size
2,472 SF
Year Built
1940
Buildings
1
Tenancy
Multi
Listing Agency:
SHAI-Hess Commercial Real Estate
Listed By:
Nick Roberts
(740) 819-8557
Source:
Shai-hess
Added: Jul 10
Changed: Oct 9
Last Checked: Oct 14 at 7:53PM
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 SHAI-Hess Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 4445 East Pike in Zanesville, this 2,472-square-foot business-zoned property is arranged as four separate units. The configuration supports use as a multi-tenant office or service-oriented building, with the flexibility to combine occupancy and leasing within the same asset.
The unit layout offers options for an owner-user, multiple occupants, or an investor seeking a small commercial property with several leasable spaces. Its manageable scale and four-unit design provide a practical framework for professional or service-based operations, subject to applicable requirements.
The unit layout offers options for an owner-user, multiple occupants, or an investor seeking a small commercial property with several leasable spaces. Its manageable scale and four-unit design provide a practical framework for professional or service-based operations, subject to applicable requirements.
Key Highlights
- 2,472 SF business‑zoned building
- Four total units in a multi‑tenant configuration
- Suitable for office or service‑oriented use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,766
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,320
$555.3K
Cap Rate 7%
$396,657
$396.7K
Cap Rate 9%
$308,511
$308.5K
Market Conditions
NOI Build-Up for 2,472 SF
Gross rent
$47.5K $19.20/SF
− Vacancy
−$10.4K −$4.22/SF
EGI
$37.0K $14.98/SF
− OpEx
−$9.3K −$3.74/SF
NOI
$27.8K $11.23/SF
Area
Muskingum County, OH
Vacancy
22.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,320
Cap Rate 7%
$396,657
Cap Rate 9%
$308,511
Alternative Uses
Best Use
Office B
$396.7K
$347.1K – $462.8K
NOI $27,766 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$536.5K
$469.5K – $626.0K
NOI $37,557 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 43701, OH
55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Business zoning supports a multi-suite office configuration.
Where is this office units located?
The property is located at 4445 East Pike Zanesville, OH.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 2,472 SF business‑zoned building; Four total units in a multi‑tenant configuration; Suitable for office or service‑oriented use
