3996 Columbia StHilliard, OH 43026

  • Industrial properties
  • 6,384 SF
For Sale
$1,300,000 View listing

Property Details for 3996 Columbia St

Year built
2012
Construction
WOOD
Lot size
0.41 AC
Property size (Sq ft)
6,384 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
050-000132
APU
50000132

Description

This exceptional mixed-use property, located at 3996 Columbia Street in the desirable Old Hilliard community, presents a unique investment opportunity. The 6,384 square foot building sits on a 0.44-acre lot and is currently leased to ACC Party Rental, providing immediate cash flow. Its strategic location offers significant advantages, including frontage on the future Rails to Trails property slated for development by the City of Hilliard. This planned improvement promises increased foot traffic and enhanced visibility, further boosting the property's value and appeal. The property's mixed-use zoning allows for a variety of potential uses, making it ideal for an owner-occupier seeking to establish their business in a thriving community or for an investor looking for a strong return on investment. The asking price is $1,300,000. This presents a rare chance to acquire a well-situated property in a rapidly developing area with significant long-term growth potential. The current tenant provides a stable income stream while the future development promises to significantly increase the property's value. Don't miss this chance to secure a piece of Hilliard's vibrant future. The property is being sold as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,011,967
    Hospitality
    $926,957
    Educational
    $771,217
    Medical
    $797,740
    Retail
    $1,199,671
3996 Columbia St, Hilliard, Ohio

Location Insight

City
Hilliard
County
Franklin
State
Ohio
Latitude
40.0327
Longitude
-83.1587
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
$15,355
$73,050
$114,700
$187,750
-
$208,700
$327,700
$536,400

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