5 Sandusky StDelaware, OH 43015

  • Retail properties
  • 11,046 SF
For Lease
$16.50/SF/YR View listing

Property Details for 5 Sandusky St

Year built
1920
Lot size
0.10 AC
Property size (Sq ft)
11,046 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
519-432-25-027-000
APU
51943225027000

Description

This exceptional 875-square-foot office space is ideally located at 5 N Sandusky St in downtown Delaware, Ohio, within Delaware County. The property is a single-tenant traditional office space situated on the second or third floor above Son of Thurman's. This presents a unique opportunity for businesses seeking a vibrant and accessible location. The space is currently undergoing build-out and is projected to be available for occupancy on April 1st, 2020. Flexibility is a key feature

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,066,784
    6.5%
    $2,830,878
    7%
    $2,628,672
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,603,772
    Geo Method
    $2,603,772
  • Alternative Use

    Use
    Valuation
    Residential
    $2,387,952
    Hospitality
    $2,187,351
    Educational
    $1,819,850
    Medical
    $1,882,438
    Retail
    $2,830,878
5 Sandusky St, Delaware, Ohio

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.2991
Longitude
-83.0681
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,725
$20,510
$227,120
$247,630
-
$58,600
$648,900
$707,500

FAQs

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