4255 Coonpath RdCarroll, OH 43112

Property Details for 4255 Coonpath Rd

Year built

1963

Construction

STEEL FRAME

Lot size

0.78 AC

Property size (Sq ft)

960 SF

Property type

Retail properties

Property subtype

Retail space

APN

013-00519.00

APU

130051900

Description

This exceptional commercial property, located at 4255 Coonpath Road NW in Carroll, Ohio, presents a unique investment opportunity. The 33,976.8 square foot lot is situated on a high-traffic corner, boasting over 20,000 cars passing daily on the 33 Lancaster Business Route. The property includes a building that will convey with the sale, offering immediate potential for various commercial uses. Built in 1963, the property is zoned B1 Commercial, allowing for a wide range of business ventures. Currently configured and approved for car sales, this versatile location offers significant adaptability for entrepreneurs seeking a high-visibility presence. The property's location in Fairfield County, Ohio, zip code 43112, provides easy access to local amenities and transportation routes. The asking price for this remarkable opportunity is $545,000. Further details are available upon request. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and profitability. Don't miss this chance to establish your business in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $245,647

  6.5%

  $226,751

  7%

  $210,554

• Comparable approach

  Method

  Valuation

  Relative Method

  $226,292

  Geo Method

  $226,292

• Alternative Use

  Use

  Valuation

  Residential

  $191,273

  Hospitality

  $175,205

  Educational

  $145,768

  Medical

  $150,781

  Retail

  $226,751

Location Insight

City

Carroll

County

Fairfield

State

Ohio

Latitude

39.7714

Longitude

-82.6809

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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