3925 Gorsky DrZanesville, OH 43701

Property Details for 3925 Gorsky Dr

Year built

2006

Lot size

1.21 AC

Property size (Sq ft)

76,798 SF

Property type

Retail properties

Property subtype

Community centers

APN

17-19-03-03-000

APU

17190303000

Description

Northpointe Center, a Class A shopping center in Zanesville, OH (Columbus MSA), offers exceptional retail opportunities. This 189,968 square foot center, built in 2006 and renovated in 2023, sits on a 29.65-acre lot and features four single-story buildings with 26 suites. The property boasts a strong tenant lineup, including Ulta Beauty, Academy Sports, and Bealls Home Centric (opening in 2024), along with established retailers such as Kohl's, PetSmart, Starbucks, Aspen Dental, and Kay Jewelers. Additional current tenants include Carter's, Bath & Body Works, and Grocery Outlet. Spaces ranging from 1,200 to 3,521 contiguous square feet are currently available, along with a one-acre pad site. The center offers ample parking with 1,114 spaces. Property taxes are $0.90 per square foot. The property is zoned commercial (APN: 17-19-03-03-000, Muskingum County) and is conveniently located near Frazeysburg Rd./Hwy. 60. This is a prime opportunity to join a thriving retail center in a growing market. Minimum divisible space is 1,200 square feet, with a maximum contiguous space of 13,500 square feet. Currently, 26,321 square feet of space is vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $21,469,678

  6.5%

  $19,818,164

  7%

  $18,402,582

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,102,886

  Geo Method

  $18,102,886

• Alternative Use

  Use

  Valuation

  Residential

  $16,717,363

  Hospitality

  $15,313,015

  Educational

  $12,740,249

  Medical

  $13,178,405

  Retail

  $19,818,164

Location Insight

City

Zanesville

County

Muskingum

State

Ohio

Latitude

39.9943

Longitude

-82.0349

CBSA code

49780

CBSA name

ZANESVILLE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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