3841 Hamilton RdGroveport, OH 43125

  • Retail properties
  • 86,075 SF
For Lease

Property Details for 3841 Hamilton Rd

Year built
2008
Lot size
14.02 AC
Property size (Sq ft)
86,075 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
530-285937
APU
530285937

Description

Walnut Creek Plaza, located at 3841 S Hamilton Rd in Groveport, Ohio (zip code 43125), offers a 3,000 square foot retail space perfect for a restaurant. This space, situated within a larger 115,095 square foot shopping center in Franklin County's Groveport submarket, is part of a multi-tenant building with 15 total suites. The unit includes a patio, a pre-installed hood, and a cooler/freezer, significantly reducing initial setup costs. Excellent signage opportunities exist to maximize brand visibility. The well-maintained shopping center boasts a diverse tenant mix, ensuring a consistent flow of potential customers. The space is adaptable and ready for customization to meet the specific needs of a restaurant's layout and operational requirements, whether it's a sit-down, fast-casual, or quick-service establishment. This is an exceptional opportunity to establish a thriving business in a vibrant and accessible location. The property is conveniently located in Groveport, Ohio, offering easy access for both customers and employees.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $22,025,030
    6.5%
    $20,330,796
    7%
    $18,878,596
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,289,668
    Geo Method
    $20,289,668
  • Alternative Use

    Use
    Valuation
    Residential
    $17,149,788
    Hospitality
    $15,709,113
    Educational
    $13,069,798
    Medical
    $13,519,288
    Retail
    $20,330,796
3841 Hamilton Rd, Groveport, Ohio

Location Insight

City
Groveport
County
Franklin
State
Ohio
Latitude
39.8966
Longitude
-82.8842
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
$381,118
$2,742,780
$3,831,980
$6,574,760
-
$7,836,500
$10,948,500
$18,785,000

FAQs

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