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    1650 Coshocton Ave Mount Vernon, OH 43050

    For Lease
    $0.02 SF/Yr

    Prime Mount Vernon Retail Opportunity

    Lot size:
    9,870 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional single-tenant retail building, located at 1650 Coshocton Avenue in Mount Vernon, Ohio, offers 9,870 square feet of space on a 1.6-acre lot. Built in 2005, the property boasts a highly visible hilltop location with beautiful views of Mount Vernon and ample parking (70 spaces). The building features easy full access and excellent signage opportunities. Its strategic location provides close proximity to shopping, restaurants, a hotel, theater, universities, and various services. The property is adjacent to a new Petco store, further enhancing its visibility and desirability. The lease rate is $16.99 per square foot, NNN, with estimated NNN expenses of approximately $4.50 per square foot. The building's depth is 70 feet. The property's APN is 66-09825.000, and its cross street is Upper Gilchrest. This is an outstanding opportunity for a business seeking a high-visibility location with excellent amenities in a thriving community. The zip code is 43050.

    Property Features for 1650 Coshocton Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,870 SF

    Unit(s) available at that property

    Space
    Size
    9,870 SF
    Rate per SF
    $0.02

    HighLights

    • 9,870 SF single‑tenant retail building on a 1.6‑acre lot in Mount Vernon, OH.
    • Highly visible hilltop location with 70 parking spaces.
    • Built in 2005, with easy access and excellent signage opportunities.
    • Located near shopping, restaurants, hotel, and universities; adjacent to a new Petco.
    • Lease rate: $16.99/SF, NNN, with estimated NNN expenses of $4.50/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Knox
    State
    Ohio
    Longitude
    -82.4384595
    Latitude
    40.4020373

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    FAQs

    What type of property is this?
    Retail property - Prime Mount Vernon Retail Opportunity
    Where is this retail property located?
    The property is located at 1650 Coshocton Ave Mount Vernon, OH.
    What is the lease rate?
    The lease rate is $0.02 SF/Yr.
    What are key features of this property?
    This property features: 9,870 SF single-tenant retail building on a 1.6-acre lot in Mount Vernon, OH.; Highly visible hilltop location with 70 parking spaces.; Built in 2005, with easy access and excellent signage opportunities.
    Request Owner's contact information
    1650 Coshocton Ave Mount Vernon, OH 43050
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    Mount Vernon, OH 43050
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    Realmo Value Estimation

    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.

    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.

    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
    1650 Coshocton Ave Mount Vernon, OH 43050
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