19411 Us Highway 23Circleville, OH 43113

  • Retail properties
  • 5,848 SF
For Sale
$2,200,000 View listing

Property Details for 19411 Us Highway 23

Year built
1991
Construction
TYPE NOT SPECIFIED
Lot size
9.19 AC
Property size (Sq ft)
5,848 SF
Property type
Retail properties
Property subtype
Gas stations
APN
A02-0-001-00-047-00
APU
A0200010004700

Description

This exceptional mixed-use property, situated just fifteen miles south of Columbus, Ohio, presents a unique investment opportunity. Boasting a total of 9,898 square feet on an expansive 83.66-acre lot, this turnkey commercial space offers a blend of modern retail and versatile workshop areas. The property enjoys a highly visible location, experiencing traffic exceeding 33,000 vehicles daily. The retail space encompasses approximately 6,000 square feet, featuring eight private offices, a glass-enclosed conference room, five bathrooms, a sophisticated kitchen, and stylish high-gloss epoxy floors. A flexible space with its own bathroom and washer/dryer adds to the property's versatility. The 4,000-square-foot workshop is equipped with three 14x14-foot overhead doors and one 12x10-foot door, ideal for various commercial applications. Four acres of the property are dedicated to surface parking, providing ample space for customers and employees. The property's substantial size allows for significant expansion potential, catering to future growth and product display needs. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property with significant acreage in a thriving location. The asking price is $3,700,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,448,977
    6.5%
    $1,337,517
    7%
    $1,241,980
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,378,495
    Geo Method
    $1,378,495
  • Alternative Use

    Use
    Valuation
    Residential
    $1,128,246
    Hospitality
    $1,033,467
    Educational
    $859,833
    Medical
    $889,404
    Retail
    $1,337,517
19411 Us Highway 23, Circleville, Ohio

Location Insight

City
Circleville
County
Pickaway
State
Ohio
Latitude
39.6513
Longitude
-82.959
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
$9,091
$63,000
$170,370
$233,370
-
$180,000
$486,770
$666,770

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