22840 Canal RdCircleville, OH 43113

Property Details for 22840 Canal Rd

Year built

1950

Construction

FRAME

Lot size

0.74 AC

Property size (Sq ft)

3,200 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

P33-0-001-00-042-00

APU

P3300010004200

Description

This exceptional Class A industrial property, located at 22840 Canal Road, Circleville, OH 43113, offers 3,500 square feet of versatile warehouse/flex space, ideal for a variety of uses. The single-tenant building boasts a recent 2024 renovation, including brand new windows, electrical systems, and overhead doors. The 12-foot ceiling height provides ample storage and operational space. The property sits on a spacious 1.5-acre lot, completely gated and featuring fresh gravel for easy access and security. Two drive-in doors facilitate efficient loading and unloading. Internal features include two offices, a kitchenette, and restrooms, enhancing functionality and convenience. Parking is readily available with 1.5 spaces. The property's convenient location offers easy access to major transportation routes, situated just 25 minutes from the I-270 and US-23 interchange. This turn-key property presents an excellent opportunity for owner-users or investors seeking a high-quality industrial space in a strategic location. The property is available for both sale and lease. APN: P33-0-001-00-042-00.

• CAP approach

  CAP return

  Valuation

  6%

  $792,874

  6.5%

  $731,884

  7%

  $679,606

• Comparable approach

  Method

  Valuation

  Relative Method

  $754,307

  Geo Method

  $754,307

• Alternative Use

  Use

  Valuation

  Residential

  $617,371

  Hospitality

  $565,509

  Educational

  $470,497

  Medical

  $486,678

  Retail

  $731,884

Location Insight

City

Circleville

County

Pickaway

State

Ohio

Latitude

39.5992

Longitude

-82.9717

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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