2309 Southgate PkwyCambridge, OH 43725

  • Land
  • 1.21 AC
For Sale
$394,000 View listing

Property Details for 2309 Southgate Pkwy

Lot size
1.21 AC
Property type
Land
Property subtype
Commercial land
APN
07-0000101.004
APU
70000101004

Description

This exceptional 1.21-acre commercial property at 2309 Southgate Parkway in Cambridge, Ohio, presents a remarkable investment opportunity. Boasting 200 square feet of existing building space, this cleared and level lot is ideally situated for immediate occupancy or new construction. The property benefits from a daily traffic count of 23,000 vehicles on Southgate Parkway, ensuring high visibility and accessibility. Its prime location between two popular restaurants and directly across from three hotels guarantees substantial foot traffic and customer exposure. An existing metal building sales business is included in the sale, currently generating a gross income of $50,000 in its first nine months of operation, with projected annual sales exceeding $1,000,000. This established business offers a diverse product line including Amish-built sheds, vinyl decks and fencing, poly furniture, and deer blinds. The property also features a 10x20 Amish-built office building equipped with electricity, air conditioning, and baseboard heating. The convenient access to I-70 and the I-70/77 interchange provides unparalleled connectivity, making this property an attractive option for a wide range of commercial ventures. This is a rare opportunity to acquire a thriving business and a strategically located property with significant growth potential. The asking price is $394,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,426,006
    Hospitality
    $10,466,160
    Educational
    $8,707,722
    Medical
    $9,007,194
    Retail
    $13,545,346
2309 Southgate Pkwy, Cambridge, Ohio

Location Insight

City
Cambridge
County
Guernsey
State
Ohio
Latitude
40.0014
Longitude
-81.5759
CBSA code
15740
CBSA name
CAMBRIDGE, 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
$8,507
$148,799
-
$148,799
-
$425,140
-
$425,140

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