663 Milford AveMarysville, OH 43040

Property Details for 663 Milford Ave

Year built

1960

Lot size

0.90 AC

Property size (Sq ft)

3,690 SF

Property type

Retail properties

Property subtype

Other car washes

APN

29-0002123.0000

APU

2900021230000

Description

This exceptional commercial property at 663 Milford Avenue in Marysville, Ohio presents a compelling investment opportunity. Boasting a substantial 3,690 square feet of space, this general commercial property sits on a highly visible 0.9-acre lot with three road frontages, ensuring maximum exposure to a large volume of traffic. Its strategic location places it within the heart of Marysville's thriving medical, multi-family residential, and retail/dining districts, guaranteeing a strong and diverse customer base. The property's potential is further enhanced by the availability of additional parcels for sale at 620 S. Maple Street, totaling an impressive 1.6 acres when combined with this offering. This presents a unique chance to expand the property's footprint or develop adjacent land. The property is equipped with Phase 3 electric service, providing ample power for a wide range of commercial uses. This is an ideal location for businesses seeking high visibility and easy access to a dense population center. The combination of size, location, and infrastructure makes this property a rare find in the competitive Marysville market. Serious inquiries are encouraged to explore the full potential of this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $751,204

  6.5%

  $693,419

  7%

  $643,889

• Comparable approach

  Method

  Valuation

  Relative Method

  $869,810

  Geo Method

  $869,810

• Alternative Use

  Use

  Valuation

  Residential

  $584,925

  Hospitality

  $535,788

  Educational

  $445,769

  Medical

  $461,100

  Retail

  $693,419

Location Insight

City

Marysville

County

Union

State

Ohio

Latitude

40.2298

Longitude

-83.3726

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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