Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    878 Colemans Crossing Blvd Marysville, OH

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New construction retail spaces available in multi-tenant strip center.

    Property size:
    2,200 SF
    Lot size:
    1.32 Acres

    Property Features for 878 Colemans Crossing Blvd

    General Information

    Size
    2,200 SF
    Lot size
    1.32 Acres

    We can help!

    Listing Contact
    Austin Loconti
    Austin Loconti
    Source: Moodyscre

    Listing Agency: Passov Real Estate Group Listing Agent: Austin Loconti

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Retail Spaces Available

    This is a Class A, new construction, multi-tenant strip center development. Available spaces include a 2,200-square-foot end cap, an 1,850-square-foot in-line space, and a 2,200-square-foot end cap with drive-thru. The property is anchored by a new development with over 300 multi-family units. Meijer, Home Depot, and Walmart are located in the immediate vicinity.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Union
    State
    Ohio
    Longitude
    -83.3671432
    Latitude
    40.2364486

    Nearby Similar for Lease

    • $3,500 /Mo
      3,774 SF

      Uptown Marysville Commercial Lease Opportunity

      Commercial space in Uptown Marysville with great visibility and exposure.
      124 N Plum St, Marysville, OH 43040
      View Details
    • $650 /Mo
      7,726 SF

      Renovated Office Space in Marysville

      Renovated private office in Uptown Marysville. Utilities included.
      116 S Main St, Marysville, OH 43040
      View Details
    • $20 SF/Yr
      2,040 SF

      Renovated Medical Office Space Available

      Recently renovated medical office space for lease near Memorial Hospital.
      171 Morey Dr, Marysville, OH 43040
      View Details
    • Contact for pricing

      Marysville Industrial Leasing Opportunity

      Customizable industrial spaces with modern facilities in Marysville, OH.
      1101 Innovation Way, Marysville, OH 43040
      View Details
    • $6 SF/Yr
      40,678 SF

      Marysville Warehouse with Dock Doors

      Well-maintained warehouse with multiple dock doors and ample parking.
      16789 Square Dr, Marysville, OH 43040
      View Details
    • Contact for pricing

      Industrial Manufacturing Space Near Honda

      75,000 SF industrial space near Honda manufacturing plant.
      Marysville, OH 43040
      View Details
    • $13 SF/Yr
      1,500 SF

      Flex Space with Heated Warehouse

      Combined flex space with office and heated warehouse available for rent.
      1000-1028 Columbus Ave, Marysville, OH 43040
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space Available For Rent

      Retail space available for lease in Marysville, Ohio.
      OH-736 & Fox Fire Dr, Marysville, OH
      View Details
    • Contact for pricing
      12,000 SF

      Marysville Retail Space Available

      Retail space available for rent in Marysville, Ohio.
      OH-736 & Fox Fire Dr, Marysville, OH
      View Details
    • Contact for pricing
      200,000 SF

      Marysville Flex/Industrial Space Available

      200,000 sq ft flex/industrial space in Marysville, OH.
      Weaver Rd, Marysville, OH 43040
      View Details
    • Contact for pricing
      6,420 SF

      New Retail Space Available

      New retail spaces in growing Marysville development for lease.
      Us Highway 36, Marysville, OH 43040
      View Details
    • Contact for pricing
      250,829 SF

      Spacious Warehouse with Modern Amenities

      Expansive warehouse space with high ceilings and flexible layout.
      1010 Innovation Way, Marysville, OH
      View Details

    FAQs

    What type of property is this?
    Strip mall - New construction retail spaces available in multi-tenant strip center.
    Where is this strip mall located?
    The property is located at 878 Colemans Crossing Blvd Marysville, OH.
    What are key features of this property?
    This property features: - Anchored by new 300+ MF unit development; - Class A, New Construction, Multi-Tenant Strip Center Development; - **2,200 SF end cap drive-thru space available**
    (216) 970-5122 Call to check price and availability
    Request Owner's contact information
    878 Colemans Crossing Blvd Marysville, OH
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    878 Colemans Crossing Blvd
    Marysville, OH
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    878 Colemans Crossing Blvd Marysville, OH
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Austin Loconti
    Austin Loconti
    Real Estate License ID: SAL2017000328
    (216) 970-5122 (216) 831-8100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!