2195 Stumbo RdOntario, OH 44906

Property Details for 2195 Stumbo Rd

Lot size

2.69 AC

Property type

Commercial real estate

APN

038-60-228-06-000

APU

386022806000

Description

This exceptional 2.69-acre executive office building at 2195 Stumbo Rd S, Ontario, OH 44906, presents a lucrative investment opportunity. Priced at $219,900, this property boasts a highly desirable location on a major thoroughfare connecting Lexington Springmill and W Fourth Street, ensuring high visibility and significant traffic flow. The property is zoned B Business District, providing flexibility for a range of commercial uses. The APN is 0386022806000. Its strategic placement offers excellent exposure to a substantial daily traffic count. Beyond its current use as an executive office, the property's zoning allows for potential expansion or adaptation. Specifically, the Richland County Planning Commission could approve conditional use permits for storage units, opening up additional revenue streams. This prime commercial land offers a unique blend of established functionality and future development potential, making it an ideal acquisition for discerning investors seeking a strong return on investment in a thriving Ohio market. The property's size and zoning make it a versatile asset suitable for a variety of commercial ventures.

• Alternative Use

  Use

  Valuation

  Residential

  $25,261,862

  Hospitality

  $23,139,730

  Educational

  $19,251,984

  Medical

  $19,914,090

  Retail

  $29,947,530

Location Insight

City

Ontario

County

Richland

State

Ohio

Latitude

40.7648

Longitude

-82.5943

CBSA code

31900

CBSA name

MANSFIELD, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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