1471 Sugar Grove RdLancaster, OH 43130

  • Industrial properties
  • 8,160 SF
For Lease
$0.63/SF/YR View listing

Property Details for 1471 Sugar Grove Rd

Year built
2006
Construction
STEEL FRAME
Lot size
3.63 AC
Property size (Sq ft)
8,160 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
054-52388.30
APU
545238830

Description

This exceptional single-tenant office building, located at 1471 Sugar Grove Road SE in Lancaster, Ohio, presents a significant opportunity. The property boasts a substantial 18,960 square feet of space, ideal for a variety of business needs. Situated on a generous 3.63-acre lot, the building offers ample parking and room for expansion. The interior features a large, open reception/work area, perfect for collaborative environments or a dynamic office layout. Three additional private offices provide space for executive suites or departmental separation, offering flexibility for different organizational structures. The property's address is 1471 Sugar Grove Road SE, Lancaster, OH 43130, with a cross street of Ewing. The property's APN is 05-45238-830. This location provides easy access to major transportation routes, making it convenient for employees and clients alike. The building's single-tenant occupancy simplifies management and provides a stable income stream for investors. This is a rare opportunity to acquire a substantial, well-located office building in a thriving Ohio market. The property is ready for immediate occupancy, offering a turnkey solution for businesses seeking a prominent and functional workspace. The expansive layout and strategic location make this property an attractive investment prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,625,818
    Hospitality
    $1,489,240
    Educational
    $1,239,030
    Medical
    $1,281,643
    Retail
    $1,927,381
1471 Sugar Grove Rd, Lancaster, Ohio

Location Insight

City
Lancaster
County
Fairfield
State
Ohio
Latitude
39.6994
Longitude
-82.5812
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
$16,800
$30,720
$228,940
$259,660
-
$87,780
$654,100
$741,880

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