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Property profile & analytics
OFF-MARKET
Commercial real estate

592 Mulberry St Blacklick, OH 43004

2,048 SF 0.37 ac lot Built 1924
Property ID
US66-0631333
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,048 square foot traditional office building located at 592 Mulberry Street in Blacklick, Ohio, 43004. Currently 100% occupied until June 25th, 2024, this property offers a compelling owner-user scenario or strong rental potential. The building, constructed in 1924, sits on a 0.37-acre lot and features two stories. The property is zoned for residential and potential office space, offering flexibility for future development. The asking price is $331,000, translating to $161.62 per square foot. The property includes an attached garage currently configured for mechanical use, and four on-site parking spaces. The two parcels comprising the property are identified by APNs 170-000398 and 170-000399. Given the zoning (commercial service and residential in Jefferson Township), there's potential for future expansion or redevelopment, including the possibility of constructing a warehouse or additional commercial building on the site. This is a rare opportunity to acquire a well-located, versatile property in a growing area. The building's current occupancy provides immediate cash flow, while the zoning and lot size offer significant long-term potential.

Property profile
Verified
Property type Commercial real estate
Year built 1924
Total area 2,048 SF
Lot 0.37 ac (16,117 SF)
APN 170-000398 and 170-000399
UPID US66-0631333
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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