61600 Southgate RdCambridge, OH 43725

Property Details for 61600 Southgate Rd

Year built

2002

Lot size

2.92 AC

Property size (Sq ft)

30,520 SF

Property type

Retail properties

Property subtype

Community centers

APN

07-0007947.000

APU

70007947000

Description

This exceptional commercial property at 61600 Southgate Rd, Cambridge, OH 43725, offers two available retail units totaling 3,275 square feet on a 5.69-acre lot. Each unit is independently suitable for various commercial uses, with Unit 6 measuring 1,675 square feet and Unit 7 measuring 1,600 square feet. The minimum divisible space is 1,600 square feet, making it ideal for businesses seeking a prominent presence in a high-traffic area. The property's location near the interstate and within a bustling retail corridor ensures maximum exposure and accessibility for customers. Prominent signage opportunities are available, guaranteeing high visibility for your business. This multi-tenant building presents a unique opportunity to establish or expand your brand in a prime commercial setting. The property is classified as both retail and office space, offering flexibility for a range of businesses. The address is easily accessible via Southgate Rd. This is a fantastic opportunity to secure a high-visibility location for your business in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,532,183

  6.5%

  $7,875,861

  7%

  $7,313,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,194,199

  Geo Method

  $7,194,199

• Alternative Use

  Use

  Valuation

  Residential

  $6,643,584

  Hospitality

  $6,085,487

  Educational

  $5,063,054

  Medical

  $5,237,180

  Retail

  $7,875,861

Location Insight

City

Cambridge

County

Guernsey

State

Ohio

Latitude

39.9959

Longitude

-81.5741

CBSA code

15740

CBSA name

CAMBRIDGE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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