1100 Columbus AveMarysville, OH 43040

Property Details for 1100 Columbus Ave

Year built

2018

Lot size

1.22 AC

Property size (Sq ft)

5,142 SF

Property type

Retail properties

Property subtype

Retail space

APN

29-0023016.5000

APU

2900230165000

Description

This exceptional 5,142-square-foot special purpose property, built in 2018, is ideally situated in Marysville, Ohio's thriving growth corridor. Located at 1100 Columbus Avenue, this property boasts a substantial 53,143.2-square-foot lot and offers significant potential for a variety of uses. The asking price is $1,125,000, translating to $218.79 per square foot. Its strategic location directly across from over 1,000 new apartments and near numerous amenities, including restaurants, daycare, a gym, and a bowling alley, ensures high visibility and accessibility. The current business occupying the space is vacating, presenting a unique opportunity for a new owner to customize the property to their specific needs. The entire 5,142 square feet is net rentable. This turnkey property is ready for immediate occupancy and represents a compelling investment opportunity in a rapidly developing area of Marysville, Ohio, zip code 43040. The property's modern construction (2018) minimizes immediate maintenance needs. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,046,799

  6.5%

  $966,276

  7%

  $897,257

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,212,076

  Geo Method

  $1,212,076

• Alternative Use

  Use

  Valuation

  Residential

  $815,090

  Hospitality

  $746,618

  Educational

  $621,178

  Medical

  $642,541

  Retail

  $966,276

Location Insight

City

Marysville

County

Union

State

Ohio

Latitude

40.2321

Longitude

-83.3502

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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