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    789 Hebron Rd Heath, OH 43056

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    For Sale
    $3,950,000

    64,800 SF retail property with 12 units in Heath, OH.

    Property size:
    64,800 SF
    Lot size:
    7.16 Acres

    Property Features for 789 Hebron Rd

    General Information

    Size
    64,800 SF
    Lot size
    7.16 Acres

    Source: SHAI-Hess Commercial Real Estate Agent Stephen Layman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Heath, OH Retail Investment Opportunity

    This 64,800 SF retail property in Heath, OH, presents an investment opportunity. Constructed in 1965, the property features 12 units and a well-maintained roof. The gross income for 2023 was $457,000. A lot split is currently in progress to exclude the Heath Post Office and Hot Head Burritos. Financial and lease information will be made available to potential buyers upon signing a non-disclosure agreement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Heath
    County
    Licking
    State
    Ohio
    Longitude
    -82.4409288
    Latitude
    40.0296278

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    FAQs

    What type of property is this?
    Strip mall - 64,800 SF retail property with 12 units in Heath, OH.
    Where is this strip mall located?
    The property is located at 789 Hebron Rd Heath, OH.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - 64,800 SF retail property with 12 units.; - Gross income of $457,000 for 2023.; - Prime investment opportunity in Heath, OH retail market.
    (740) 404-3446
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    789 Hebron Rd Heath, OH 43056
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    Heath, OH 43056
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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
    789 Hebron Rd Heath, OH 43056
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