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 Market140
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) 408-2896
Source:
Theacclaimedrealty
Added: Jun 11
Changed: Oct 25
Last Checked: Oct 28 at 11:56AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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 / Yr
$31,901
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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
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
