2129 Main StBellefontaine, OH 43311

Property Details for 2129 Main St

Lot size

2.05 AC

Property type

Retail properties

Property subtype

Gas stations

APN

17-106-12-03-007-000

APU

171061203007000

Description

High Point Village, a thriving 150,873 square foot shopping center in Bellefontaine, OH, offers exceptional retail opportunities. Strategically located on S Main St (US Route 68), this grocery-anchored center boasts high visibility and accessibility, featuring a signalized entrance and two additional access points. The center is anchored by Kroger, the leading grocer in the Columbus MSA, and includes Dunham's, Burke's Dollar General, and Rent-A-Center, among other diverse tenants. Currently, 14,600 square feet of retail space is available, divisible into units as small as 1,750 square feet, with a maximum contiguous space of 5,600 square feet. The center benefits from its prime location, close proximity to a Walmart Supercenter, and a strong consumer base drawn from a dense residential population exceeding 33,144 within a 10-mile radius. High Point Village provides convenient ingress/egress and excellent visibility, making it an ideal location for a variety of retail businesses. The center's Kroger anchor, with its accompanying fuel station, further enhances its appeal and draws significant traffic. This presents a unique opportunity to establish a presence in a well-established and high-performing shopping center within a thriving community. Three spaces are currently available, ranging in size from 1,300 to 5,600 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $18,161,418

  6.5%

  $16,764,386

  7%

  $15,566,930

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,028,888

  Geo Method

  $21,028,888

• Alternative Use

  Use

  Valuation

  Residential

  $14,141,387

  Hospitality

  $12,953,435

  Educational

  $10,777,106

  Medical

  $11,147,747

  Retail

  $16,764,386

Location Insight

City

Bellefontaine

County

Logan

State

Ohio

Latitude

40.3323

Longitude

-83.7605

CBSA code

13340

CBSA name

BELLEFONTAINE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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