851 30Th StHeath, OH 43056

  • Retail properties
  • 40,010 SF
For Lease

Property Details for 851 30Th St

Year built
1997
Lot size
3.41 AC
Property size (Sq ft)
40,010 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
030-088608-00.000
APU
3008860800000

Description

This exceptional 40,000 square foot retail space is available for lease at 851 S. 30th Street in Heath, Ohio, within Licking County. The property is a single-tenant building, currently vacant and ready for immediate occupancy. Its expansive size presents a significant opportunity for a variety of retail businesses seeking a prominent location. The building's substantial square footage allows for flexible layout configurations to accommodate diverse operational needs. The address, 851 S. 30th St, offers excellent visibility and accessibility, ensuring high traffic flow and convenient customer access. Located in Heath, Ohio, 43056, the property benefits from the area's established commercial infrastructure and growing population. This is a rare opportunity to secure a large, well-situated retail space in a thriving Ohio market. The property is classified as Commercial Retail and is a single-tenant building. The entire 40,000 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific requirements. This presents a unique chance to establish a significant retail presence in a desirable location. The property's size and location make it ideal for a variety of retail concepts, offering substantial potential for growth and success. Interested parties are encouraged to inquire for further details and leasing information.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,185,211
    6.5%
    $10,324,810
    7%
    $9,587,324
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,431,189
    Geo Method
    $9,431,189
  • Alternative Use

    Use
    Valuation
    Residential
    $8,709,364
    Hospitality
    $7,977,730
    Educational
    $6,637,378
    Medical
    $6,865,648
    Retail
    $10,324,810
851 30Th St, Heath, Ohio

Location Insight

City
Heath
County
Licking
State
Ohio
Latitude
40.0297
Longitude
-82.4447
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
$111,549
$348,600
$1,072,860
$1,421,460
-
$996,000
$3,065,300
$4,061,300

FAQs

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