7801 Corporate BlvdPlain City, OH 43064
- Office properties
- 1.35 AC
Property Details for 7801 Corporate Blvd
- Lot size
- 1.35 AC
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 15-0028004.0060
- APU
- 1500280040060
Description
This exceptional investment opportunity presents two manufacturing units totaling 6,030 square feet at 7801 Corporate Boulevard in Plain City, Ohio. The property, built in 2003 and renovated in 2018, features 18-foot ceilings and is situated on a single building with two stories. Unit E, approximately 3,000 square feet (excluding the second floor), includes offices on both the first and second floors and a 12-foot side door. Unit F, approximately 3,030 square feet, boasts a 9x10-foot overhead rear door. Both units are currently 100% occupied by Phoenix Bats, a baseball bat manufacturing company. Unit E is on a month-to-month lease and is also available for sale separately. Unit F's lease expires March 31, 2025. The property offers excellent accessibility to major highways and retailers, enjoying a prime location between Marysville and Dublin. The asking price is $1,115,000, with a price per square foot of $184.91 and a price per unit of $557,500. The property's APN is 15-0028004-1200, 15-0028004-1210. This is a rare chance to acquire a well-maintained, fully occupied industrial property in a desirable Ohio location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,143,960
- 6.5%
- $7,517,502
- 7%
- $6,980,538
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,500,713
- Geo Method
- $5,500,713
-
Alternative Use
- Use
- Valuation
- Residential
- $9,321,703
- Hospitality
- $8,538,629
- Educational
- $7,104,040
- Medical
- $7,348,358
- Retail
- $11,050,728
Location Insight
- City
- Plain City
- County
- Union
- State
- Ohio
- Latitude
- 40.127
- Longitude
- -83.1945
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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