Office and Retail
5757 E Us Highway 22 And 3 Morrow, OH 45152
For Sale
$280,000
Pending
A 2,400 sq. ft office/retail property with paved parking, allowing conversion into multiple rental spaces.
Property Size2,400 SF
Days on Market284
Property Features for 5757 E Us Highway 22 And 3
General Information
- Standard status
- Pending
- Size
- 2,400 SF
Listing Agency:
Coldwell Banker Heritage
(513) 673-7469
Listed By:
Ralph Blanton
(513) 673-7469
Source:
Exprealty
Added: Oct 14, 2025
Changed: Jul 23
Last Checked: Jul 23 at 12:09PM
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 Coldwell Banker Heritage
Investment Insights
Based on property information with market context.
This office/retail building offers approximately 2,400 sq. ft of flexible space that could be reconfigured into up to three separate rental units, each with its own bathroom. The property is designed to support a combined office and retail use approach, or a multi-tenant layout depending on the tenant or buyer’s plans.
The building provides paved parking and is accessed from the intersection of U.S. Route 22 and State Route 3, offering visibility from the main roadway.
For buyers or tenants seeking a straightforward footprint with the option to divide into multiple suites, this property provides a practical configuration for office and retail space under one roof.
The building provides paved parking and is accessed from the intersection of U.S. Route 22 and State Route 3, offering visibility from the main roadway.
For buyers or tenants seeking a straightforward footprint with the option to divide into multiple suites, this property provides a practical configuration for office and retail space under one roof.
Key Highlights
- 2,400 sq. ft office/retail space with paved parking lot
- Potential to convert into 3 separate rental spaces, each with its own bathroom
- Enter off US Rt 22 & St Rt 3
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 | $36.0k | $15.00 |
| − Vacancy | −$2.5k | −$1.05 |
| EGI | $33.5k | $13.95 |
| − OpEx | −$10.0k | −$4.19 |
| NOI | $23.4k | $9.76 |
2,400 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$443.7K
$388.2K – $517.6K
NOI $31,056 @ 7.0% cap · market cap 11.09%
Second Best
Retail
$334.8K
$293.0K – $390.6K
NOI $23,436 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$536.1K
$469.1K – $625.4K
NOI $37,525 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - A 2,400 sq. ft office/retail property with paved parking, allowing conversion into multiple rental spaces.
Where is this office units located?
The property is located at 5757 E Us Highway 22 And 3 Morrow, OH.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 2,400 sq. ft office/retail space with paved parking lot; Potential to convert into 3 separate rental spaces, each with its own bathroom; Enter off US Rt 22 & St Rt 3
