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    12323 Worthington Rd Pataskala, OH 43062

    For Sale
    $2,750,000

    Pataskala Mixed-Use Investment Opportunity

    Property size:
    2,151 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 5.3-acre commercial property at 12323 Worthington Road, Pataskala, OH, presents a unique investment opportunity. Boasting excellent visibility and convenient access from State Highway 161, this location is only two miles from the Intel facility, ensuring high traffic and visibility. Currently operating as a car dealership, the property offers a versatile layout suitable for a range of businesses. The main building encompasses substantial retail space, along with private offices, providing ample room for various operations. Adding to the property's appeal is a beautifully maintained half-acre pond, enhancing the aesthetic value and creating a tranquil setting. Further enhancing the investment potential is a 1700+ square foot ranch-style residence, currently generating rental income. A substantial 60x100 barn, complete with a private office, provides additional storage or workspace. The property's 2,151 square feet of existing building space offers a solid foundation for a variety of uses, including, but not limited to, an excavating company, landscaping business, auto shop, or detailing service. This prime location, combined with the diverse range of existing structures and the high demand in the area, makes this a truly compelling investment opportunity. The asking price is $2,750,000.

    Property Features for 12323 Worthington Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,151 SF
    Lot Size
    230,868 SF

    Building Details

    Year Built
    1975
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Kitchen & Bath Storage Facility Electrical Service Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pataskala
    County
    Licking
    State
    Ohio
    Longitude
    -82.72012
    Latitude
    40.07706

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    FAQs

    What type of property is this?
    Mixed-use property - Pataskala Mixed-Use Investment Opportunity
    Where is this mixed-use property located?
    The property is located at 12323 Worthington Rd Pataskala, OH.
    What is the asking price?
    The asking price for this property is $2,750,000.
    (614) 678-5505
    Request Owner's contact information
    12323 Worthington Rd Pataskala, OH 43062
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    Pataskala, OH 43062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12323 Worthington Rd Pataskala, OH 43062
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