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    15151 Us Highway 36 Marysville, OH 43040

    For Sale
    $1,400,000

    Seven-unit property, 12,856 sq ft, high growth area.

    Property size:
    12,856 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional mixed-use property, located at 15151 US Highway 36 in Marysville, Ohio, presents a unique investment opportunity. The property encompasses three buildings totaling 12,856 square feet situated on a generous 2.13-acre lot (92,782.8 sq ft). The main building showcases charming brick architecture with attractive wood details, and its first floor has undergone recent renovations, seamlessly blending modern updates with classic character. The property currently features seven units, offering a versatile layout adaptable to various uses. The asking price is $1,400,000, translating to a price per square foot of $193.58 based on the 7,232 square feet of net rentable space. Its strategic location near US Highway 36 in the rapidly developing Marysville area ensures excellent accessibility and high visibility. The substantial garage storage adds significant value and potential for expansion or additional revenue streams. This property's adaptability makes it ideal for conversion into apartments, office space, a bed and breakfast, or short-term rentals, presenting endless possibilities for a savvy investor. The combination of its prime location, renovated spaces, and significant square footage makes this a compelling investment prospect with substantial upside potential.

    Property Features for 15151 Us Highway 36

    General Information

    Property type
    Specialty properties
    Square Feet
    12,856 SF

    Building Details

    Units
    7

    HighLights

    • $1,400,000 asking price.
    • 12,856 square foot Special Purpose property.
    • 7,232 square feet of net rentable space.
    • $193.58 price per square foot.
    • Seven (7) units.
    • 92,782.8 square foot lot.
    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 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?
    Specialty property - Seven-unit property, 12,856 sq ft, high growth area.
    Where is this specialty 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 Special Purpose property.; 7,232 square feet of net rentable space.
    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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