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    15151 Us Highway 36 Marysville, OH 43040

    For Sale
    $1,400,000

    Six-unit multifamily, commercial, & warehouse

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment property, located at 15151 US Highway 36 in Marysville, Ohio, presents a unique opportunity for a savvy investor. The property encompasses three mixed-use buildings situated on a generous 2-acre lot (92,782.8 sq ft), offering a blend of residential and commercial potential. Built in 1909, the main building showcases charming brick architecture with beautiful wood detailing. The first floor of this building has undergone renovations, seamlessly blending modern updates with the property's timeless character. The property currently features six units, providing immediate income potential. The versatile nature of the buildings allows for a variety of uses, including apartment building, office space, bed and breakfast, or short-term rentals. Significant garage storage is also available on the property, adding to its functionality and appeal. The strategic location near US Highway 36 in the rapidly growing Marysville area (zip code 43040) ensures convenient access and high visibility. The asking price is $1,400,000, with a price per square foot of $193.58. This property offers endless possibilities for an investor seeking a high-return, multi-faceted investment in a thriving Ohio market. The property is zoned for multifamily, land, and industrial uses, providing flexibility for future development and expansion. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable location.

    Property Features for 15151 Us Highway 36

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1909
    Units
    6
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Union
    State
    Ohio
    Longitude
    -83.3319197
    Latitude
    40.2428534

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    FAQs

    What type of property is this?
    Multifamily property - Six-unit multifamily, commercial, & warehouse
    Where is this multifamily property located?
    The property is located at 15151 Us Highway 36 Marysville, OH.
    What is the asking price?
    The asking price for this property is $1,400,000.
    Request Owner's contact information
    15151 Us Highway 36 Marysville, OH 43040
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    Marysville, OH 43040
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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
    15151 Us Highway 36 Marysville, OH 43040
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