1932 Bealer DrMarion, OH 43302
- Retail properties
- 2.11 AC
Property Details for 1932 Bealer Dr
- Year built
- 2006
- Lot size
- 2.11 AC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 20-001010.0601
- APU
- 200010100601
Description
This exceptional commercial property at 1932 Bealer Drive, Marion, Ohio, presents a unique opportunity for business owners and investors. The 4,050 square foot building sits on a 2.1-acre lot, offering ample space for a variety of commercial uses. Its strategic location just off State Route 309 and within a quarter-mile of Interstate 23 ensures high visibility and convenient access for customers. The building itself is in like-new condition and features an excellent open showroom, perfect for showcasing products or services. Two spacious offices provide ample administrative space, while two restrooms cater to both employees and customers. A dedicated shop area with a high overhead door allows for easy loading and unloading of goods or equipment. The property also boasts rear fencing for security and ample paved parking in front, ensuring convenient customer parking. The surrounding area is characterized by well-maintained businesses, creating a positive and thriving commercial environment. This property offers easy access to major roadways, making it an ideal location for a variety of businesses. The property is currently utilized as a pool sales and service business, and the existing business is available for separate purchase. This presents a turnkey opportunity for an established business or the potential for significant expansion and development.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $23,977,152
- 6.5%
- $22,132,756
- 7%
- $20,551,844
-
Comparable approach
- Method
- Valuation
- Relative Method
- $21,614,184
- Geo Method
- $21,614,184
-
Alternative Use
- Use
- Valuation
- Residential
- $18,669,808
- Hospitality
- $17,101,444
- Educational
- $14,228,200
- Medical
- $14,717,530
- Retail
- $22,132,756
Location Insight
- City
- Marion
- County
- Marion
- State
- Ohio
- Latitude
- 40.6025
- Longitude
- -83.0776
- CBSA code
- 32020
- CBSA name
- MARION, OH MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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