1190 Court StCircleville, OH 43113

  • Retail space
  • 14,214 SF

Property Details for 1190 Court St

Year built
1978
Construction
STEEL FRAME
Lot size
1.22 AC
Property size (Sq ft)
14,214 SF
Property type
Retail space
APN
A05-1-114-00-027-00
APU
A0511140002700

Description

This exceptional retail opportunity presents 20,000 square feet of space within the Circleville Plaza, a well-located strip center in Pickaway County, Ohio. The property boasts a total of 110 parking spaces, ensuring ample convenience for customers. Currently, there are two suites available, offering flexible space options. One space offers a minimum of 6,615 square feet, while the maximum contiguous space available is 8,530 square feet. A significant portion of the property is currently vacant, totaling 15,145 square feet, presenting a unique chance for a single tenant to occupy a substantial portion or multiple tenants to occupy smaller spaces. The property sits on a generous 2.1-acre lot, providing excellent visibility and accessibility from its location at 1190 N Court St, Circleville, OH 43113. This prime retail location offers high potential for businesses seeking a strong presence in the Circleville market. The property is classified as a multi-tenant retail strip center, providing opportunities for diverse businesses to thrive in a shared environment. The available space is ideal for a variety of retail uses, offering a flexible layout to accommodate different business needs. Contact us today to explore this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,816,660
    6.5%
    $2,599,990
    7%
    $2,414,280
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,382,760
    Geo Method
    $1,382,760
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,154,050
    Mixed-Use / Specialty
    $2,556,860
    Hospitality / Lodging
    $1,831,790
    Office
    $2,506,390
    Institutional / Educational
    $2,645,990
    Residential Income
    $3,095,810
    Multifamily
    $3,900,710
    Automotive / Energy
    $2,268,000
    Parking / Income-Based Land
    $816,118
    Restaurant / Food Service
    $1,257,560
    Healthcare / Senior Housing
    $2,656,740

Location Insight

City
Circleville
County
Pickaway
State
Ohio
Latitude
39.6205
Longitude
-82.939
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
$9,366
$41,010
$120,620
$161,630
-
$117,170
$344,630
$461,800

FAQs

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