801 Cherry StSunbury, OH 43074

  • Office properties
  • 12,000 SF
For Lease
$18/SF/YR View listing

Property Details for 801 Cherry St

Year built
1996
Lot size
1.87 AC
Property size (Sq ft)
12,000 SF
Property type
Office properties
Property subtype
Office buildings
APN
417-134-01-003-000
APU
41713401003000

Description

This exceptional 12,000-square-foot office building, located at 801 W Cherry Street in Sunbury, Ohio, presents a unique leasing opportunity. The property, a Class B, two-story traditional office building, was constructed in 1996 and underwent a complete renovation in 2021. The entire 12,000 square feet is currently vacant, offering a single tenant the chance to customize the space to perfectly suit their needs. The building features a variety of office sizes and configurations, making it ideal for businesses of various scales. Ample parking is available with 54 spaces. The building is conveniently situated in the Sunbury submarket of Delaware County, offering easy access to major transportation arteries. It's located just 3 miles east of I-71, providing convenient access to Columbus and beyond. Furthermore, its proximity to Intel (15 miles north), Downtown Delaware (11 miles east), Polaris (11 miles north), and Downtown Columbus (26 miles north) makes it an attractive location for businesses seeking a strategic position within the region. The property's APN is 417-134-01-003-000 and the zip code is 43074. There are no elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,260,208
    6.5%
    $2,086,346
    7%
    $1,937,321
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,122,480
    Geo Method
    $1,122,480
  • Alternative Use

    Use
    Valuation
    Residential
    $2,587,068
    Hospitality
    $2,369,741
    Educational
    $1,971,597
    Medical
    $2,039,403
    Retail
    $3,066,928
801 Cherry St, Sunbury, Ohio

Location Insight

City
Sunbury
County
Delaware
State
Ohio
Latitude
40.2539
Longitude
-82.8763
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
$15,782
$44,940
$295,230
$340,170
-
$128,400
$843,500
$971,900

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