16645 Square DrMarysville, OH 43040

  • Industrial properties
  • 2,911 SF
For Sale
$1,200,000 View listing

Property Details for 16645 Square Dr

Year built
1980
Lot size
1.45 AC
Property size (Sq ft)
2,911 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
29-0016004.0000
APU
2900160040000

Description

This exceptional 6,661 square foot commercial property in Marysville, Ohio, presents a unique opportunity. Located at 16645 Square Drive, 43040, this special purpose building boasts a compelling blend of modern office space and expansive warehouse capabilities. The front third of the building has undergone a complete renovation, showcasing a striking open-concept design. Features include impressive glass conference rooms, ideal for client meetings or collaborative work. This area exemplifies modern sophistication and functionality. The remaining two-thirds of the building offer substantial warehouse space, perfect for storage, manufacturing, or various operational needs. Significant recent upgrades enhance the property's value and efficiency. These improvements include a modernized electrical system, a new HVAC system, and a state-of-the-art sprinkler system, ensuring both safety and operational excellence. The property sits on a generous 63,162 square foot lot. Built in 1980, this property offers a unique combination of established infrastructure and modern updates, making it an attractive investment at an asking price of $1,200,000 ($180.15 per square foot). The property's prime location in Marysville, Union County, Ohio, provides easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a versatile and well-maintained commercial property with significant potential.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $461,441
    Hospitality
    $422,677
    Educational
    $351,662
    Medical
    $363,757
    Retail
    $547,030
16645 Square Dr, Marysville, Ohio
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Location Insight

City
Marysville
County
Union
State
Ohio
Latitude
40.2422
Longitude
-83.348
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,293
$85,750
$65,490
$151,240
-
$245,000
$187,120
$432,120

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