Retail Storefront For
For Sale
$675,000
62190 Bailey Rd, Barnesville, OH 43713
Retail storefront property offered for sale with straightforward access off SR 147 in Belmont County.
Property Size4,300 SF
Price / SF$156.98
Days on Market95
Property Features for 62190 Bailey Rd
General Information
Standard status
Active
Size
4,300 SF
Building Details
Year Built
1960
Listing Agency:
Cedar One Realty
Listed By:
Heidi J Riley · License #2008001844
(740) 359-0336
Source:
Theacclaimedrealty
Added: Jun 11
Changed: Sep 8
Last Checked: Sep 13 at 12:20PM
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 Cedar One Realty
Investment Insights
Based on property information with market context.
This for-sale retail storefront property is listed for purchase at 62190 Bailey Road in Barnesville, Ohio. The available information identifies it as a retail space/storefront, suitable for an owner-operator or investor looking for a retail-focused asset.
The property is located on Bailey Road with access from SR 147. Public directions indicate the site is about 1 mile east of Barnesville and sits on the right side of the road.
While additional details such as building size, layout, condition, and current tenancy are not provided, the offering may fit buyers seeking a retail storefront presence with convenient road access along SR 147. Interested parties should review the property’s specific improvements, configuration, and any operational considerations during due diligence.
The property is located on Bailey Road with access from SR 147. Public directions indicate the site is about 1 mile east of Barnesville and sits on the right side of the road.
While additional details such as building size, layout, condition, and current tenancy are not provided, the offering may fit buyers seeking a retail storefront presence with convenient road access along SR 147. Interested parties should review the property’s specific improvements, configuration, and any operational considerations during due diligence.
Key Highlights
- Retail storefront property with access off SR 147 in Belmont County
- Directions: SR 147, 1 mile east of Barnesville; property is on the right
- Electric heating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,901
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$638,020
$638.0K
Cap Rate 7%
$455,729
$455.7K
Cap Rate 9%
$354,456
$354.5K
Market Conditions
NOI Build-Up for 4,300 SF
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.
Gross rent
$47.5K $11.04/SF
− Vacancy
−$1.9K −$0.44/SF
EGI
$45.6K $10.60/SF
− OpEx
−$13.7K −$3.18/SF
NOI
$31.9K $7.42/SF
Area
Belmont County, OH
Vacancy
4.00%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$638,020
Cap Rate 7%
$455,729
Cap Rate 9%
$354,456
Alternative Uses
Best Use
Retail
$455.7K
$398.8K – $531.7K
NOI $31,901 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$842.9K
$737.6K – $983.4K
NOI $59,006 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Advance Auto Parts
Shops & Services
7,599 visits/mo
0.5 miles
Dollar General
Shops & Services
5,020 visits/mo
0.5 miles
Demographics for 43713, OH
7,227
Population
3,015
Households
2.4
Avg Household Size
43
Median Age
19%
College-Educated
90%
High-School Grad
90.9 sq mi
ZIP Area
80
Density / Sq Mi
$61,206
Median Household Income
$33,662
Median Earnings
$542
Median Rent
$171,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront property offered for sale with straightforward access off SR 147 in Belmont County.
Where is this storefront property located?
The property is located at 62190 Bailey Rd Barnesville, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Retail storefront property with access off SR 147 in Belmont County; Directions: SR 147, 1 mile east of Barnesville; property is on the right; Electric heating
