Mixed-Use Property with Fenced
For Sale
$525,000
620 S Maple Street, Marysville, OH 43040
The building combines indoor workspace with a fenced outdoor area for equipment, materials, inventory, or vehicles.
Property Size2,850 SF
Lot Size0.50 Acres
Price / SF$184.21
Days on Market11
Property Features for 620 S Maple Street
General Information
Standard status
Active
Size
2,850 SF
Lot size
0.50 Acres
Property subtype
Mixed Use
Site & Location
Corner Location
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Taxes and HOA fees
Annual Taxes
$4,954
Amenities
fenced outdoor area
Building Details
Building Size
2,850 SF
Year Built
1979
Listing Agency:
Fathom Realty Ohio
Listed By:
Krista M Hall
(614) 402-0257
Source:
Camtaylor
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 13 at 3:24AM
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 Fathom Realty Ohio
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains approximately 2,850 square feet on approximately 0.50 acre. A fenced outdoor area adds space for business operations, equipment, materials, inventory, or vehicles. The 1979-built property may accommodate a range of business concepts, subject to zoning and permitted uses.
At a corner in Marysville, the site has access from both S. Maple Street and Collins Avenue. It is near the city’s medical and hospital district, downtown, shopping, dining, and major roadways.
At a corner in Marysville, the site has access from both S. Maple Street and Collins Avenue. It is near the city’s medical and hospital district, downtown, shopping, dining, and major roadways.
Key Highlights
- Approximately 2,850 square feet of building space
- Approximately 0.50 acre
- Fenced outdoor area for operational use or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,114
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,280
$662.3K
Cap Rate 7%
$473,057
$473.1K
Cap Rate 9%
$367,933
$367.9K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$62.2K $21.84/SF
− Vacancy
−$14.9K −$5.24/SF
EGI
$47.3K $16.60/SF
− OpEx
−$14.2K −$4.98/SF
NOI
$33.1K $11.62/SF
Area
Union County, OH
Vacancy
24.00%
Lease Rate
$21.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,280
Cap Rate 7%
$473,057
Cap Rate 9%
$367,933
Alternative Uses
Best Use
Industrial
$473.1K
$413.9K – $551.9K
NOI $33,114 @ 7.0% cap · market cap 6.31%
Second Best
Flex RnD
$439.3K
$384.4K – $512.5K
NOI $30,749 @ 7.0% cap · market cap 5.86%
Theoretical Best
Warehouse
$574.4K
$502.6K – $670.2K
NOI $40,210 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
Explore this area
Business Placement
Demographics for 43040, OH
35,853
Population
14,238
Households
2.5
Avg Household Size
37
Median Age
33%
College-Educated
94%
High-School Grad
166.3 sq mi
ZIP Area
216
Density / Sq Mi
$96,320
Median Household Income
$51,951
Median Earnings
$1,180
Median Rent
$275,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines indoor workspace with a fenced outdoor area for equipment, materials, inventory, or vehicles.
Where is this mixed-use property located?
The property is located at 620 S Maple Street Marysville, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 2,850 square feet of building space; Approximately 0.50 acre; Fenced outdoor area for operational use or storage
