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Property profile & analytics

16645 Sq Dr Marysville, OH 43040-3510

  • Manufacturing properties
  • 2,911 SF
  • 1.45 lot acres
OFF-MARKET
Value Estimation
$570,000
Last Sale
Oct 15, 2024
$911,250
Location Intelligence
Property ID
US66-6280909
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Marysville Union / Addiction Treatment Center

Property Details for 16645 Sq Dr

Year built
1980
Lot size
1.45 lot acres
Property size
2,911 SF
Property type
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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $545,000
  • CAP approach

    CAP return
    Estimation
    6%
    $680,000
    6.5%
    $630,000
    7%
    $625,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $600,000
    Geo Method
    $600,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $560,000
    Retail
    $710,000
    Mixed-Use
    $730,000
    Hospitality
    $715,000
    Educational
    $550,000
    Residential Income
    $640,000
    Energy
    $605,000
    Income-Based Land
    $735,000
    Food Service
    $645,000

Location Insight

  • Map
  • Local Demand
City
Marysville
County
Union
State
Ohio
Longitude
-83.348
Latitude
40.2422
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
More about this property
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