2850 Maysville PikeZanesville, OH 43701

  • Community centers
  • 40,064 SF

Property Details for 2850 Maysville Pike

Year built
2003
Lot size
6.55 AC
Property size (Sq ft)
40,064 SF
Property type
Community centers
APN
47-14-01-06-003
APU
47140106003

Description

This 40,000 square foot retail strip center, located on US Highway 22/Maysville Pike in Zanesville, OH, boasts an impressive 2.4 million estimated annual visits. Benefit from the strong draw of its Walmart shadow location, ensuring high visibility and consistent customer traffic. The center currently features 14 suites, with 12,400 square feet of vacant space available for lease. Spaces range from a minimum of 1,600 square feet to a maximum contiguous space of 6,000 square feet, offering flexibility for various business needs. Strong anchor tenants include Dollar Tree and Cato, further enhancing the center's appeal. The property enjoys a prime location with excellent access and visibility, complemented by a robust mix of surrounding retailers such as Save-A-Lot, Rural King, Bob Evans, and Arby's. This thriving retail environment provides a unique opportunity for businesses seeking high foot traffic and a strong customer base. The center's strategic location along a major highway ensures exposure to both local residents and travelers, making it an ideal location for a variety of retail, service, or restaurant concepts. Cross street access is available via Eagle View Drive.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,200,307
    6.5%
    $10,338,745
    7%
    $9,600,263
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,443,918
    Geo Method
    $9,443,918
  • Alternative Use

    Use
    Valuation
    Residential
    $8,721,118
    Hospitality
    $7,988,498
    Educational
    $6,646,336
    Medical
    $6,874,914
    Retail
    $10,338,745

Location Insight

City
Zanesville
County
Muskingum
State
Ohio
Latitude
39.8934
Longitude
-82.0405
CBSA code
49780
CBSA name
ZANESVILLE, OH MICROPOLITAN 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
$36,151
$178,255
$569,205
$747,460
-
$509,300
$1,626,300
$2,135,600

FAQs

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