60 Hill RdPickerington, OH 43147

  • Office properties
  • 1,638 SF
For Sale
$295,000 View listing

Property Details for 60 Hill Rd

Year built
1900
Construction
STEEL FRAME
Lot size
0.01 AC
Property size (Sq ft)
1,638 SF
Property type
Office properties
Property subtype
Office buildings
APN
041-02696.14
APU
410269614

Description

This meticulously restored turn-of-the-century commercial building presents a unique opportunity in Pickerington, OH. The property boasts 1,638 square feet of usable space, encompassing a finished basement in addition to the two-story main structure. Constructed of wood, this classic office building has been completely renovated, maintaining its historical character while offering modern functionality. Its prime location within Pickerington's historic district ensures excellent visibility and accessibility. The building is zoned for office use and offers ample opportunities for signage, both on the building itself and along the street frontage. This presents a significant advantage for businesses seeking high brand visibility. The property sits on a 0.01-acre lot and is conveniently located near a variety of shops, restaurants, and services, providing employees and clients with easy access to amenities. The asking price for this exceptional property is $295,000. This is an ideal investment for businesses seeking a distinctive and well-situated office space in a thriving community. The building's historical charm combined with its modern functionality makes it a truly unique offering.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $285,125
    6.5%
    $263,193
    7%
    $244,393
  • Comparable approach

    Method
    Valuation
    Relative Method
    $153,219
    Geo Method
    $153,219
  • Alternative Use

    Use
    Valuation
    Residential
    $326,359
    Hospitality
    $298,943
    Educational
    $248,717
    Medical
    $257,271
    Retail
    $386,893
60 Hill Rd, Pickerington, Ohio

Location Insight

City
Pickerington
County
Fairfield
State
Ohio
Latitude
39.8831
Longitude
-82.7583
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
2022
$1,219
$1,120
$15,650
$16,770
-
$3,200
$44,710
$47,910

FAQs

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