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Property profile & analytics
OFF-MARKET
Office Spaces

592 Newark Granville Rd Granville, OH 43023-1436

871 SF 0.1 ac lot Built 1987
Individually Owned 5-yr Hold Free & Clear
Property ID
US66-2933703
Property summary
AI-generated overview

This 871 square foot special purpose property, located at 592 Newark Granville Road in Granville, Ohio, is currently listed at $250,000 ($287.03/sq ft). Built in 1987, the property is ideally situated across from the Denison Golf Course. Currently leased to a dentist until May 29, 2026, this presents a strong investment opportunity with a stable tenant. The lease agreement stipulates that the tenant is responsible for all utilities, while the owner covers real estate taxes and condo fees. A monthly condo owner association (COA) fee of $178.12 is also associated with the property. The unit includes handicap access, ensuring compliance with accessibility standards. There is no on-site real estate signage. The property's lot size is not specified. This turnkey investment offers a blend of stable income and a desirable location in the Village of Granville, Ohio, zip code 43023. The net rentable square footage is 871 square feet, matching the total square footage. This presents a rare opportunity to acquire a well-maintained and strategically located commercial property in a thriving community. Serious inquiries only.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1987
Total area 871 SF
Lot 0.1 ac (4,356 SF)
APN 020-043650-00.003
UPID US66-2933703
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
  • Granville Dental Arts Kelly Emery, DDS Dental Office
  • Marlow Lynn Dental Office
  • Muir Melva Dental Office
  • Mini Dental Implants Dental Office
  • Mini Dental Implants - Dr. Nanarao Krothapalli Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Donald G Tritt · 5 yrs held
Donald G Tritt
since 2021
Last sale
$164,000
2 recorded transactions
2021
$164,000
2016
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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