19411 Us Highway 23Circleville, OH 43113
- Retail properties
- 5,848 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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