5138 Walnut Road, Buckeye Lake, OH 43008
Updated home near Buckeye Lake, currently operating as an Airbnb.
- Added:
- Apr 24, 2024
- Days on Market:
- 776
- Last Refresh:
- May 12 at 9:56 pm
Property Features for 5138 Walnut Road
General Information
- Standard status
- Active
- Size
- 1,403 SF
- Property subtype
- Mixed Use, Retail, Land, Office
Building Details
- Year Built
- 1935
Listing agent Cathy Everitt License #255618
Listing office Keller Williams Greater Cols
Listing date Apr 24, 2024
Source Crexi
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 Keller Williams Greater Cols
HighLights
- Turnkey Airbnb with existing summer 2024 bookings
- Prime location in the heart of Buckeye Lake, steps from popular establishments
- Fully furnished, including dishes and linens
- Updated home with coastal flair and multiple living/entertainment spaces
- Large yard, concrete patio, shed, and ample parking
- Convenient access to I‑70, Columbus, and other nearby cities
Overview
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 | $37.9k | $27.00 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $36.5k | $26.03 |
| − OpEx | −$11.0k | −$7.81 |
| NOI | $25.6k | $18.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buckeye Lake
- County
- Licking
- State
- Ohio
- Longitude
- -82.4833826
- Latitude
- 39.9310284
