Technical
Financial
Distress signals
Property profile

1650 Coshocton Ave Mount Vernon, OH 43050

OFF-MARKET
Strip malls
Property ID
US66-3054044
9,870 SF 1.6 ac lot Built 2005
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail and office center, constructed in 2005, presents a fantastic opportunity in Mount Vernon, Ohio. Located at 1650 Coshocton Ave, 43050, this property boasts a highly visible hilltop location offering beautiful views of the city. The building, totaling 9,870 square feet, sits on a 1.6-acre lot and features ample parking with 70 spaces. The available suite comprises 1,131 square feet, representing one of six total suites within the building. The minimum divisible space is also 1,131 square feet, making it ideal for a single tenant. Enjoy easy full access and excellent signage opportunities. This location benefits from high visibility and proximity to a variety of amenities, including a newly constructed Petco store, shopping centers, restaurants, hotels, theaters, universities, and other essential services. The lease rate is $16.99 per square foot, NNN, with estimated NNN expenses of approximately $4.50 per square foot. This property is classified as a traditional office space within a mixed-use building. Don't miss this chance to secure a prominent space in a thriving community.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 9,870 SF
Lot 1.6 ac (69,696 SF)
APN 66-09825.000
UPID US66-3054044

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1650 Coshocton Ave Mount Vernon, OH 43050-1547
Mount Vernon metro Census 7302 MOUNT VERNON, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2005
2 recorded transactions
2005
$200,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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