1538 Orchard Park RdLexington, OH 44904
- Warehouses
- 8,169 SF
Property Details for 1538 Orchard Park Rd
- Year built
- 1940
- Construction
- FRAME
- Lot size
- 1.75 AC
- Property size (Sq ft)
- 8,169 SF
- Property type
- Warehouses
- APN
- 053-37-064-17-000
- APU
- 533706417000
Description
This exceptional 1.75-acre property located at 1538 Orchard Park Road in Lexington, Ohio, presents a unique investment opportunity. Currently configured as an auto body shop, its strategic placement at a high-traffic intersection offers significant visibility and accessibility. The substantial lot size provides ample space for expansion, allowing for diverse business ventures beyond its current use. The property's versatility makes it suitable for a range of commercial applications, catering to investors seeking a dynamic asset or entrepreneurs looking for an established business. The high-traffic location ensures a steady stream of potential customers, maximizing the return on investment. This turnkey opportunity is ideal for those seeking a ready-to-go business or a prime location for future development. The asking price of $1000 suggests significant potential for appreciation. Given the size of the lot and its prime location, this property represents a rare find in the Lexington market. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering. The property's current configuration as an auto body shop provides a solid foundation for continued operation or a platform for redevelopment. The possibilities are numerous, making this a truly compelling investment prospect.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,765,320
- Hospitality
- $1,617,024
- Educational
- $1,345,345
- Medical
- $1,391,613
- Retail
- $2,092,758
Location Insight
- City
- Lexington
- County
- Richland
- State
- Ohio
- Latitude
- 40.6814
- Longitude
- -82.5664
- CBSA code
- 31900
- CBSA name
- MANSFIELD, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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