4059 State Route 37Delaware, OH 43015

  • Industrial properties
  • 3,200 SF
For Sale
$4,700,000 View listing

Property Details for 4059 State Route 37

Year built
1991
Lot size
7.37 AC
Property size (Sq ft)
3,200 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
418-210-01-005-001
APU
41821001005001

Description

This exceptional investment property, located at 4059 State Route 37 E in Delaware, Ohio, presents a unique opportunity. The 321,037.2 square foot lot houses a thriving business complex currently generating income. The property features a well-established 24,000 square foot storage facility comprising 63 individual units, secured by a gated entry and code pad access, ensuring tenant and asset security. In addition to the storage units, the property boasts 117 surface parking spaces, providing ample parking for tenants and visitors. A substantial 9,400 square feet of office space is currently occupied by four tenants, generating consistent rental income. Two billboards on the property offer additional revenue streams. Strategically positioned between Sunbury and Delaware, Ohio, this property benefits from high traffic volume due to its proximity to the I-71 interchange (approximately 3 miles west) and Alum Creek Reservoir (approximately 3 miles north). The area is experiencing significant growth, making this a particularly attractive investment for long-term appreciation. The asking price for this exceptional property is $4,700,000. This presents a rare chance to acquire a multi-faceted income-producing asset in a high-growth market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $689,885
    Hospitality
    $631,931
    Educational
    $525,759
    Medical
    $543,841
    Retail
    $817,848
4059 State Route 37, Delaware, Ohio

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.2822
Longitude
-82.9924
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
$46,706
$198,660
$436,870
$635,530
-
$567,600
$1,248,200
$1,815,800

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