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Property profile & analytics
OFF-MARKET
Specialty properties

709 Deacon St Hebron, OH 43025

54,861 SF
Property ID
Property summary
AI-generated overview

This exceptional 54,861 square foot special purpose property, located at 709 Deacon Street in Hebron, Ohio, presents a unique investment opportunity. Situated on a sprawling 9-acre lot (408,157.2 sq ft), this three-story building offers immense potential for adaptive reuse. Previously utilized as a school, the property boasts a wealth of existing features, including numerous classrooms, offices, restrooms, a full-service cafeteria, a commercial kitchen, and a gymnasium complete with a stage and seating. A handicap lift ensures accessibility throughout the building. The asking price is $495,000, translating to a price per square foot of $9.02. The property's substantial size and versatile layout make it ideally suited for a variety of uses, including but not limited to, a church, apartment complex, or office space. Its prime location in Hebron, Ohio (zip code 43025), within Licking County, offers convenient access to local amenities and transportation routes. This is a rare chance to acquire a large-scale property with significant upside potential, ready for its next chapter. The property's existing infrastructure significantly reduces the initial investment required for redevelopment, making it an attractive proposition for discerning investors seeking a high-return opportunity. The building's classic architecture and spacious layout provide a solid foundation for a variety of innovative and exciting projects.

Property profile
Verified
Property type Specialty properties
Total area 54,861 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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