1650 Coshocton AveMount Vernon, OH 43050

Property Details for 1650 Coshocton Ave

Year built

2005

Lot size

1.60 AC

Property size (Sq ft)

9,870 SF

Property type

Retail properties

Property subtype

Strip malls

APN

66-09825.000

APU

6609825000

Description

This exceptional retail and office center, constructed in 2005, presents a fantastic opportunity in Mount Vernon, Ohio. Located at 1650 Coshocton Ave, 43050, this property boasts a highly visible hilltop location offering beautiful views of the city. The building, totaling 9,870 square feet, sits on a 1.6-acre lot and features ample parking with 70 spaces. The available suite comprises 1,131 square feet, representing one of six total suites within the building. The minimum divisible space is also 1,131 square feet, making it ideal for a single tenant. Enjoy easy full access and excellent signage opportunities. This location benefits from high visibility and proximity to a variety of amenities, including a newly constructed Petco store, shopping centers, restaurants, hotels, theaters, universities, and other essential services. The lease rate is $16.99 per square foot, NNN, with estimated NNN expenses of approximately $4.50 per square foot. This property is classified as a traditional office space within a mixed-use building. Don't miss this chance to secure a prominent space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,759,261

  6.5%

  $2,547,010

  7%

  $2,365,081

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,326,564

  Geo Method

  $2,326,564

• Alternative Use

  Use

  Valuation

  Residential

  $2,148,498

  Hospitality

  $1,968,013

  Educational

  $1,637,364

  Medical

  $1,693,675

  Retail

  $2,547,010

Location Insight

City

Mount Vernon

County

Knox

State

Ohio

Latitude

40.4022

Longitude

-82.4384

CBSA code

34540

CBSA name

MOUNT VERNON, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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