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Property profile & analytics
FOR SALE
Retail space

62240 Bailey Rd Barnesville, OH 43713

5,240 SF 2.78 ac lot Built 1977
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-1671454
Property summary
AI-generated overview

This exceptional single-tenant retail property, located at 62240 Bailey Road, boasts 5,240 square feet of versatile space. The building is ideally suited for a variety of retail businesses, featuring a spacious showroom, dedicated office area, substantial warehouse space, and convenient loading docks equipped with a 12x12 bay door. Its prime location along highly visible Route 147 ensures excellent exposure and accessibility, complemented by ample parking for customers and employees. The property sits on a 2.78-acre lot (APN 41-00868-000) and benefits from a comprehensive security system and recent upgrades designed to maximize energy efficiency and minimize utility costs. This is a triple net lease opportunity, with the landlord responsible for maintaining the roof and parking lot, providing a streamlined and predictable operating expense structure for the tenant. The property's combination of size, location, and features makes it an attractive investment opportunity for discerning businesses seeking a prominent retail presence.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 5,240 SF
Lot 2.78 ac (121,097 SF)
APN 41-00868-000
UPID US66-1671454
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
AI Approach AI
$600k
CAP Approach CAP
$600k
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k
Owner & transaction history
Cactus Capital Investments LLC · 2 yrs held
Cactus Capital Investments LLC
since 2024
Last sale
$600,000
3 recorded transactions
2024
$600,000
2014
$190,000
2010
$180,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $545,000 +92.6%
Commercial (general) $510,000 +79.3%
Auto repair, garage $390,000 +36.9%
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