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Property profile & analytics
FOR LEASE
Office buildings

801 Cherry St Sunbury, OH 43074

12,000 SF 1.87 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-2504553
Property summary
AI-generated overview

This exceptional 12,000-square-foot office building, located at 801 W Cherry Street in Sunbury, Ohio, presents a unique leasing opportunity. The property, a Class B, two-story traditional office building, was constructed in 1996 and underwent a complete renovation in 2021. The entire 12,000 square feet is currently vacant, offering a single tenant the chance to customize the space to perfectly suit their needs. The building features a variety of office sizes and configurations, making it ideal for businesses of various scales. Ample parking is available with 54 spaces. The building is conveniently situated in the Sunbury submarket of Delaware County, offering easy access to major transportation arteries. It's located just 3 miles east of I-71, providing convenient access to Columbus and beyond. Furthermore, its proximity to Intel (15 miles north), Downtown Delaware (11 miles east), Polaris (11 miles north), and Downtown Columbus (26 miles north) makes it an attractive location for businesses seeking a strategic position within the region. The property's APN is 417-134-01-003-000 and the zip code is 43074. There are no elevators.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 12,000 SF
Lot 1.87 ac (81,457 SF)
APN 417-134-01-003-000
UPID US66-2504553
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
$915k
CAP Approach CAP
by Request
Comparable Approach Comparable
$668k
Blend (final) Blend
$970k
Owner & transaction history
Nwb Properties LLC · 3 yrs held
Nwb Properties LLC
since 2022
Last sale
$1.0M
4 recorded transactions
2024
Price N/A
2022
$1.0M
2022
$1.0M
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.5M +6.0%
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More about this property
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