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    15151 Us Highway 36 Marysville, OH 43040

    For Sale
    $1,400,000

    Mixed-use buildings, 2 acres, high potential.

    Property size:
    12,856 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents three mixed-use buildings situated on a generous 2-acre lot (92,782.8 sq ft) in the thriving Marysville, Ohio area. The property boasts a total of 12,856 square feet, offering a compelling price per square foot of $193.58. The main building showcases charming brick architecture with beautiful wood detailing, and its first floor has undergone a renovation, seamlessly blending modern updates with classic character. The versatile nature of this property allows for a multitude of uses, including conversion into an apartment building, office space, a bed and breakfast, or short-term rentals. The substantial garage storage adds significant value and utility. Located at 15151 US Highway 36, Marysville, OH 43040, this property benefits from convenient highway access, maximizing its potential for both residential and commercial ventures. The property is zoned for commercial and multifamily use, offering flexibility for a variety of development plans. This is a rare opportunity to acquire a well-located, versatile property with significant upside in a rapidly growing market. The asking price for this unique investment is $1,400,000.

    Property Features for 15151 Us Highway 36

    General Information

    Property type
    Multifamily properties
    Square Feet
    12,856 SF

    HighLights

    • $1,400,000 asking price.
    • 12,856 square foot building on a 92,782.8 square foot lot.
    • $193.58 price per square foot.
    • Mixed‑use property with potential for apartments, office space, or other uses.
    • Located in Marysville, Ohio, near US Highway 36.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    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 - Mixed-use buildings, 2 acres, high potential.
    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.
    What are key features of this property?
    This property features: $1,400,000 asking price.; 12,856 square foot building on a 92,782.8 square foot lot.; $193.58 price per square foot.
    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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