640 Heller DrNewcomerstown, OH 43832

Property Details for 640 Heller Dr

Year built

2000

Lot size

0.16 AC

Property size (Sq ft)

4,935 SF

Property type

Turn key restaurants

APN

45-01048.000

APU

4501048000

Description

This exceptional commercial property, located at 640 Heller Drive in Newcomerstown, Ohio, presents a significant opportunity for a variety of businesses. The building boasts a substantial 2,320 square feet of usable space, offering ample room for operations and potential expansion. Situated on a lot with no acreage, this property is ideal for businesses that prioritize accessibility and convenience. The asking price is $399,000, representing a competitive investment in a thriving Ohio community. The property's "Other" classification suggests versatility in its potential uses, making it suitable for a wide range of commercial endeavors. Its location in Newcomerstown offers access to local amenities and a strong community base. The absence of acreage surrounding the building simplifies maintenance and operational logistics. This property is an excellent choice for entrepreneurs and established businesses seeking a well-priced, functional space in a desirable location. The building's size and layout provide flexibility for customization to meet specific business needs. Serious inquiries are encouraged to explore the potential of this valuable commercial asset. Further details regarding the property's internal layout and zoning regulations are available upon request. Don't miss this chance to secure a prime commercial space in a growing Ohio market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.

• CAP approach

  CAP return

  Valuation

  6%

  $1,379,630

  6.5%

  $1,273,505

  7%

  $1,182,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,163,282

  Geo Method

  $1,163,282

• Alternative Use

  Use

  Valuation

  Residential

  $1,074,249

  Hospitality

  $984,006

  Educational

  $818,682

  Medical

  $846,838

  Retail

  $1,273,505

Location Insight

City

Newcomerstown

County

Tuscarawas

State

Ohio

Latitude

40.2658

Longitude

-81.6085

CBSA code

35420

CBSA name

NEW PHILADELPHIA-DOVER, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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