3841 Hamilton RdGroveport, OH 43125
- Retail properties
- 86,075 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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