1251 Bridge StChillicothe, OH 45601

Property Details for 1251 Bridge St

Year built

2015

Lot size

12.95 AC

Property size (Sq ft)

63,208 SF

Property type

Retail properties

Property subtype

Community centers

APN

30-54-61-053.000

APU

305461053000

Description

This exceptional 0.72-acre retail pad site, located at 1251 N Bridge St in Chillicothe, Ohio (zip code 45601), presents a remarkable investment or development opportunity. Situated in the thriving Shoppes of North Bridge Street, this property benefits from its strategic location near major roadways, including Interstate 23 and Interstate 35, ensuring high visibility and accessibility. Daily traffic counts on North Bridge Street exceed 29,000 vehicles, providing substantial exposure for any business. The site is ideally positioned amongst established national retailers, including Dick's Sporting Goods, Petco, Ulta Beauty, Panda Express, Five Guys, Jersey Mike's Subs, Panera Bread, and Verizon. This strong tenant mix creates a vibrant and attractive retail environment. Furthermore, the property's proximity to significant employers, such as Adena Regional Medical Center (3,189 employees), Pixelle Specialty Solutions (2,100 employees), and Kenworth Truck (1,950 employees), all within a three-mile radius, guarantees a substantial and consistent customer base. The property is available for ground lease or build-to-suit options, offering flexibility to potential developers and tenants. This prime retail location in Ross County, Ohio, presents a unique chance to establish a successful business in a high-traffic, well-established retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $15,661,242

  6.5%

  $14,456,531

  7%

  $13,423,922

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,899,440

  Geo Method

  $14,899,440

• Alternative Use

  Use

  Valuation

  Residential

  $12,194,625

  Hospitality

  $11,170,211

  Educational

  $9,293,484

  Medical

  $9,613,102

  Retail

  $14,456,531

Location Insight

City

Chillicothe

County

Ross

State

Ohio

Latitude

39.3623

Longitude

-82.9749

CBSA code

17060

CBSA name

CHILLICOTHE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].