1375 Hentz DrReynoldsburg, OH 43068

Property Details for 1375 Hentz Dr

Year built

1964

Lot size

0.69 AC

Property size (Sq ft)

3,311 SF

Property type

Retail properties

Property subtype

Self service car washes

APN

060-000969

APU

60000969

Description

This exceptional 3,311 square foot retail property is ideally situated at 1375 Hentz Drive in Reynoldsburg, Ohio. Boasting a prime location, this space offers unparalleled visibility and accessibility for businesses seeking a strong foothold in a thriving market. The property is situated on a lot with no acreage, making it perfect for a business that doesn't require extensive outdoor space. The asking price for this turnkey retail opportunity is $295,000. The building's interior is ready for immediate occupancy, allowing businesses to quickly establish their operations. The high-traffic area ensures consistent customer flow, providing a significant advantage for any retail venture. This property presents a rare opportunity to acquire a well-positioned retail space in a desirable location. Its strategic placement and ample square footage make it suitable for a wide range of retail businesses, from boutiques and specialty shops to service-oriented enterprises. The absence of acreage simplifies operations and reduces maintenance responsibilities. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property's location within Reynoldsburg offers easy access to major transportation routes, ensuring convenient access for both customers and employees. This makes it an attractive option for businesses seeking a strategic location to maximize their reach and impact. Don't miss this chance to secure a thriving retail space in a dynamic and growing community.

• CAP approach

  CAP return

  Valuation

  6%

  $847,225

  6.5%

  $782,054

  7%

  $726,193

• Comparable approach

  Method

  Valuation

  Relative Method

  $780,472

  Geo Method

  $780,472

• Alternative Use

  Use

  Valuation

  Residential

  $659,692

  Hospitality

  $604,274

  Educational

  $502,749

  Medical

  $520,039

  Retail

  $782,054

Location Insight

City

Reynoldsburg

County

Franklin

State

Ohio

Latitude

39.9541

Longitude

-82.8158

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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