125 Taggart StEast Palestine, OH 44413

  • Retail properties
  • 8,400 SF
For Lease
$6.50/SF/YR View listing

Property Details for 125 Taggart St

Year built
1987
Lot size
0.46 AC
Property size (Sq ft)
8,400 SF
Property type
Retail properties
Property subtype
Retail space
APN
68-02208-000
APU
6802208000

Description

This exceptional 8,200-square-foot retail space, located at 125 E Taggart St in East Palestine, Ohio, presents a unique investment opportunity. Built in 1987, this single-story, single-tenant building offers a large, wide-open floor plan ideal for a variety of retail uses. The property boasts excellent visibility and accessibility, situated in the heart of downtown East Palestine, close to Market Street. The ample on-site parking ensures convenient access for customers and employees. Previously occupied by a dollar store, this space benefits from existing infrastructure and high traffic potential. The property's prominent location allows for effective street signage, maximizing brand visibility. The entire 8,200 square feet is currently vacant, providing a blank canvas for a new business to thrive. The building is situated in Columbiana County, Ohio, with a zip code of 44413. This property is a prime location for a business seeking high visibility and a strong foothold in the East Palestine market. The single-tenant occupancy provides flexibility and control for the new tenant. Don't miss this chance to secure a prominent retail space in a growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,348,307
    6.5%
    $2,167,668
    7%
    $2,012,835
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,980,055
    Geo Method
    $1,980,055
  • Alternative Use

    Use
    Valuation
    Residential
    $1,828,509
    Hospitality
    $1,674,905
    Educational
    $1,393,501
    Medical
    $1,441,426
    Retail
    $2,167,668
125 Taggart St, East Palestine, Ohio

Location Insight

City
East Palestine
County
Columbiana
State
Ohio
Latitude
40.8347
Longitude
-80.5377
CBSA code
41400
CBSA name
SALEM, 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
$4,526
$12,640
$83,930
$96,570
-
$36,100
$239,800
$275,900

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