592 Mulberry St Blacklick, OH 43004
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.