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    FOR SALE
    Specialty properties

    8135 Mount Vernon Rd, Saint Louisville, OH 43071

    20,314 SF 10.12 ac lot Built 1996
    Individually Owned Free & Clear
    Property ID
    US66-1524590
    Property summary
    AI-generated overview

    This exceptional Saint Louisville, Ohio property, situated on a sprawling 10.128-acre lot (440,827.2 sq ft), presents a unique investment opportunity. The 21,562 square foot building, originally constructed in 1996 as a nursing care facility and expanded in 2002, offers immense potential for diverse uses. Imagine transforming this space into a banquet hall, church, office complex, or educational facility. The property boasts a large, approximately 11,000 square foot banquet area, perfect for large gatherings. In addition, there are 25 individual offices, a small commercial kitchen, multiple restrooms (some with showers), a library/conference room, and a substantial 157-space paved parking lot. Further enhancing the property's versatility are an 864 square foot two-car garage and two 504 square foot sheds. The asking price is $1,750,000, translating to $81.16 per square foot. This property at 8135 Mount Vernon Road, Saint Louisville, OH 43071, is ready for its next chapter. Its size, amenities, and prime location in Licking County make it an attractive proposition for a wide range of buyers. Don't miss this chance to acquire a truly remarkable property with significant upside potential.

    Property profile
    Verified
    Property type Specialty properties
    Use group CHARITABLE ORGANIZATION
    Year built 1996
    Total area 20,314 SF
    Lot 10.12 ac (440,827 SF)
    APN 060-303192-00.000
    UPID US66-1524590
    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
    • House of New Hope Home Health Care Service Adoption Agency
    • Kaitlyn Shipe Foster Care Service Social Service Agency
    • Sarah Keefe Foster Care Service Social Service Agency
    • Amy Sickle Foster Care Service Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $830k
    Owner & transaction history
    Mental Health And Recovery For Licking & Knox
    Mental Health And Recovery For Licking & Knox
    since 2026
    2 recorded transactions
    2026
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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