2781 Wiese RdGalena, OH 43021

Property Details for 2781 Wiese Rd

Year built

1940

Lot size

0.41 AC

Property size (Sq ft)

4,536 SF

Property type

Auto shops

APN

417-430-07-005-000

APU

41743007005000

Description

This exceptional 4,000 square foot special purpose property at 2781 Wiese Road, Galena, OH 43021, sits on a 0.41-acre lot and offers significant potential. For over two decades, it has successfully operated as an asphalt seal coating business, complete with a staging area. The sale includes the building, business, equipment, intellectual property (including the Rhinokote name, website domain, and client list). However, the seller is open to offers for the building, equipment, or business separately. The property features a convenient 10-space parking lot and includes a one-bedroom apartment upstairs, grandfathered for residential use. The property is being sold "as-is, where-is," with no repairs or modifications offered by the seller. Please allow 48 hours' notice for showings due to ongoing business operations and partial on-site residency. The property's APN is 417-430-07-005-000, and the cross street is Galena. This presents a unique opportunity for an investor or entrepreneur seeking an established business with real estate included, or the chance to acquire a versatile property with existing infrastructure. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,255,907

  6.5%

  $1,159,299

  7%

  $1,076,492

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,069,230

  Geo Method

  $1,069,230

• Alternative Use

  Use

  Valuation

  Residential

  $977,912

  Hospitality

  $895,762

  Educational

  $745,264

  Medical

  $770,894

  Retail

  $1,159,299

Location Insight

City

Galena

County

Delaware

State

Ohio

Latitude

40.2127

Longitude

-82.8862

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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