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Financial
Distress signals
Property profile

1 Public Sq Mount Vernon, OH 43050

FOR LEASE
Office buildings
Property ID
US66-4483875
11,340 SF 0.08 ac lot Built 1900
Last sale Oct 2014 · $122,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an approximately 1,400-square-foot lower-level office unit located at 1 Public Square in Mount Vernon. It is configured with two oversized private offices, a central hallway that can be used for reception or waiting functions, and two half bathrooms. The unit includes a front-facing signage window for identification from Public Square. It is situated on Mount Vernon’s Public Square near downtown dining, coffee shops, retail, galleries, professional services, and within the broader area of Kenyon College and Mount Vernon Nazarene University.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$61k
Assessed land$9k
Assessed improvement$52k
Effective rate4.91%

Value estimate

· Oct 2026
$125k
$113k – $138k
AI approach$125k
NOI build-up
Gross scheduled income$233k
Vacancy & credit loss−$59k
Operating expenses−$43k
NOI · 15,296.35% cap applied$130k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
15,296.35%
$130k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKNOX

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.1
Laundry Service9.8
HVAC Service9.3

Location

1 Public Sq Mount Vernon, OH 43050
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1375 Coshocton, Mount Vernon, OH 43050-1549 $318,000 Dec 2024 5,040 SF
135 Main, Mount Vernon, OH 43050-3323 $525,000 Apr 2022 12,520 SF
18 Vine, Mount Vernon, OH 43050-3226 $1,000,000 Dec 2020 13,400 SF
601 Pittsburgh, Mount Vernon, OH 43050-3933 $575,000 Feb 2020 17,620 SF
790 Fairgrounds, Mount Vernon, OH 43050-1161 $450,000 Jul 2019 16,125 SF
444 Columbus, Mount Vernon, OH 43050-4461 $187,500 Apr 2019 6,870 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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