612 W Waterloo Street Canal Winchester, OH 43110
Prime commercial land with frontage near OhioHealth outpatient campus.
Property Features for 612 W Waterloo Street
General Information
- Standard status
- Active
- Size
- 1,276 SF
- Property subtype
- Mixed Use, Retail, Land, Office
Building Details
- Year Built
- 1959
Listing office Keller Williams Greater Columbus Realty (740) 503-8912
Listing date Mar 20, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime 99+\/- feet of frontage on West Waterloo Street directly across from OhioHealth outpatient campus (approved for 2024).
- Zoned General Commercial, suitable for retail, restaurant, or professional uses.
- Full utility availability.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.0k | $19.56 |
| − Vacancy | −$679 | −$0.53 |
| EGI | $24.3k | $19.03 |
| − OpEx | −$7.3k | −$5.71 |
| NOI | $17.0k | $13.32 |
