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Property profile & analytics
OFF-MARKET Estimated value $725,000
Manufacturing properties

16645 Sq Dr Marysville, OH 43040-3510

2,911 SF 1.45 ac lot Built 1980
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-6280909
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group ASSEMBLY (LIGHT INDUSTRIAL)
Year built 1980
Total area 2,911 SF
Lot 1.45 ac (63,162 SF)
APN 29-0016004.0000
UPID US66-6280909
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
Current use
Occupant on record · Public records
  • The Marysville Union Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k
Owner & transaction history
16645 Square Drive LLC · 1 yrs held
16645 Square Drive LLC
since 2025
Last sale
$911,250
5 recorded transactions
2025
Price N/A
2025
$911,250
2022
$609,000
2007
Price N/A
2004
$290,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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