4059 State Route 37Delaware, OH 43015
- Industrial properties
- 3,200 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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