Property summary
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
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Granville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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