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    2860 Us Highway 23 Alvada, OH 44802

    For Sale
    $850,000

    Gas station and convenience store with immediate returns and long-term growth.

    Property size:
    2,962 SF
    Lot size:
    4.11 Acres

    Property Features for 2860 Us Highway 23

    General Information

    Size
    2,962 SF
    Lot size
    4.11 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Ross Staples

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

    Overview

    Junction Station Convenience Store Asset

    The Junction Station convenience store asset is available for sale. This property includes a fully operational gas station and convenience store, offering a combined opportunity to acquire both the property and an established business. The location has a long-term operating history with limited local competition in a dense market. Situated on US Highway 23, a major north-south route in Ohio, the property provides high visibility and accessibility for both local and long-haul traffic. It is conveniently located for local residents and interstate travelers. The property sits at an intersection with ingress and egress. Catering to all-day traffic from commuters, travelers, and local customers, this continuous service enhances its revenue potential. The property size is 2962 square feet. A value-add opportunity exists to convert the location to a truck stop, with multiple complimentary businesses nearby. The open fuel contract provides flexibility. The property offers immediate returns and long-term asset growth, providing for a secured investment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Storage Facility Electrical Service Car Rental Convenience Store Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvada
    County
    Seneca
    State
    Ohio
    Longitude
    -83.40155
    Latitude
    41.07612

    Nearby Similar for Sale

    • $200,000

      5 Acres on US 224

      Multi-family property with development potential on US 224.
      23652 Us Highway 224, Alvada, OH 44802
      View Details

    FAQs

    What type of property is this?
    Gas station - Gas station and convenience store with immediate returns and long-term growth.
    Where is this gas station located?
    The property is located at 2860 Us Highway 23 Alvada, OH.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Fully operational gas station and convenience store with immediate returns.; - Located on US Highway 23, a major north-south route, providing high visibility and accessibility.; - Value-add opportunity to convert location to a truck stop.
    (844) 474-4666
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    2860 Us Highway 23 Alvada, OH 44802
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    Alvada, OH 44802
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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
    2860 Us Highway 23 Alvada, OH 44802
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