324 Bluebell DrNew Philadelphia, OH 44663

Property Details for 324 Bluebell Dr

Year built

1981

Lot size

6.20 AC

Property size (Sq ft)

63,200 SF

Property type

Retail properties

Property subtype

Community centers

APN

43-07836.000

APU

4307836000

Description

This exceptional retail opportunity is located in New Philadelphia, Ohio, within Tuscarawas County, at 324 Bluebell Dr NW, zip code 44663. The property offers a 3,000 square foot inline unit currently available for lease. This single-tenant space benefits from a highly desirable location at the intersection of I-77 and Route 250, providing excellent visibility and accessibility. The center enjoys a strategic position across from, and sharing access with, a Menard's and a top-performing Walmart, ensuring high traffic volume and exposure to a substantial customer base. The area is considered one of Ohio's most desirable county seat markets. Further expansion potential exists with a possible 4,000 square foot pad building opportunity. The property's total potential space could reach up to 34,019 square feet. This presents a unique chance to establish a thriving retail presence in a strong, well-established commercial area. The property is classified as retail, with single tenancy. Coordinates for the property are 40.4963619 latitude and -81.4741337 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $17,668,216

  6.5%

  $16,309,123

  7%

  $15,144,185

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,897,555

  Geo Method

  $14,897,555

• Alternative Use

  Use

  Valuation

  Residential

  $13,757,355

  Hospitality

  $12,601,663

  Educational

  $10,484,436

  Medical

  $10,845,012

  Retail

  $16,309,123

Location Insight

City

New Philadelphia

County

Tuscarawas

State

Ohio

Latitude

40.4971

Longitude

-81.474

CBSA code

35420

CBSA name

NEW PHILADELPHIA-DOVER, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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