18060 Us Highway 23Circleville, OH 43113

Property Details for 18060 Us Highway 23

Year built

1968

Construction

FRAME

Lot size

1.26 AC

Property size (Sq ft)

350 SF

Property type

Gas stations

APN

M30-0-004-00-031-00

APU

M3000040003100

Description

This exceptional retail property, located at 18060 US Highway 23 N in Circleville, Ohio, presents a compelling investment opportunity. The space encompasses 350 square feet, ideally suited for a variety of retail ventures. Its prime location on US Highway 23 North ensures high visibility and accessibility for potential customers, benefiting from significant daily traffic volume. The property is offered at $499,000, representing a strong value proposition in the current market. The building itself is situated on a lot with no additional acreage, making it a manageable and efficient space for a business owner. Given its size and location, this property is particularly well-suited for smaller retail businesses seeking a high-traffic location with excellent visibility. The property's straightforward layout and convenient access make it an attractive option for entrepreneurs looking to establish a strong presence in the Circleville market. The asking price reflects the strategic value of this location and the potential for significant return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further. Further details regarding the property's condition and potential uses are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $69,356.30

  6.5%

  $64,021.20

  7%

  $59,448.20

• Comparable approach

  Method

  Valuation

  Relative Method

  $34,048.60

  Geo Method

  $34,048.60

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $126,911

  Mixed-Use / Specialty

  $62,959

  Hospitality / Lodging

  $45,105.30

  Office

  $61,716.40

  Institutional / Educational

  $65,153.90

  Residential Income

  $76,230.10

  Multifamily

  $96,049.50

  Automotive / Energy

  $55,846.20

  Parking / Income-Based Land

  $20,095.80

  Restaurant / Food Service

  $30,965.70

  Healthcare / Senior Housing

  $65,418.50

Location Insight

City

Circleville

County

Pickaway

State

Ohio

Latitude

39.669

Longitude

-82.9648

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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