10843 Foundation RdHartford, OH 43013

Property Details for 10843 Foundation Rd

Year built

1930

Lot size

2.28 AC

Property size (Sq ft)

13,596 SF

Property type

Commercial real estate

APN

028-085036-00.002

APU

2808503600002

Description

This exceptional 8,800 square foot industrial property, located at 10843 Foundation Road in Hartford, Ohio, presents a unique investment opportunity. Originally built in 1950 and meticulously renovated in 2021, this single-story building sits on a 0.9-acre lot and is zoned for commercial use. Currently configured as a sports training facility, the space is ideally suited for a variety of uses. Approximately half of the building houses a well-equipped weight training area, while the remaining space features high-quality turf and netting, perfect for baseball or similar athletic training. The property boasts a convenient drive-in door for easy access and ample parking with an 18-space lot in the rear. Its location in Licking County offers excellent access to major roadways, including US-36, and is within close proximity to the rapidly growing communities of Johnstown, Centerburg, and Sunbury (less than 10 miles away). This turnkey operation is ready for immediate occupancy and represents a compelling investment in a thriving area of Central Ohio. The property features one building with a single unit and is listed at $750,000. The APN is 028-085036-00.002.

• CAP approach

  CAP return

  Valuation

  6%

  $2,930,400

  6.5%

  $2,704,990

  7%

  $2,511,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,271,770

  Geo Method

  $1,271,770

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,556,560

  Retail / Commercial

  $2,804,140

  Mixed-Use / Specialty

  $2,758,500

  Hospitality / Lodging

  $1,977,420

  Office

  $2,704,990

  Institutional / Educational

  $2,854,990

  Residential Income

  $3,340,340

  Multifamily

  $4,203,830

  Automotive / Energy

  $2,447,130

  Parking / Income-Based Land

  $879,692

  Restaurant / Food Service

  $1,358,640

  Healthcare / Senior Housing

  $2,865,340

Location Insight

City

Croton

County

Licking

State

Ohio

Latitude

40.2386

Longitude

-82.6931

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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