Technical
Financial
Distress signals
Property profile

16645 Sq Dr Marysville, OH 43040

OFF-MARKET
Manufacturing properties
Property ID
US66-6280909
2,911 SF 1.45 ac lot Built 1980
Entity Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Medical Clinic

Location

16645 Sq Dr Marysville, OH 43040-3510
Marysville metro Census 50303 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

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

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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