14675 Zion Rd, Thornville, OH 43076
For Sale
$1,787,500
Conventional restaurants
Property Size5,784 SF
Price / SF$309.04
Days on Market229
Property Features for 14675 Zion Rd
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
e-Merge Real Estate
Listed By:
Marnita C Swickard · License OH #411426
(614) 419-0478
Source:
Dreamcolumbus
Added: Mar 27
Changed: Oct 26
Last Checked: Oct 7 at 4:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of e-Merge Real Estate
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Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey waterfront bar and restaurant in a prime location on Buckeye Lake with high visibility and easy I‑70 access.
- Custom‑built in 2020 with high‑end architectural design and quality craftsmanship throughout.
- Established, high‑performance business with diverse revenue streams (dining, bar, coffee shop, merchandise).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,004
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,080
$1.4M
Cap Rate 7%
$1,028,629
$1.0M
Cap Rate 9%
$800,044
$800.0K
Market Conditions
NOI Build-Up for 5,784 SF
Gross rent
$126.3K $21.84/SF
− Vacancy
−$30.3K −$5.24/SF
EGI
$96.0K $16.60/SF
− OpEx
−$24.0K −$4.15/SF
NOI
$72.0K $12.45/SF
Area
Perry County, OH
Vacancy
24.00%
Lease Rate
$21.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,080
Cap Rate 7%
$1,028,629
Cap Rate 9%
$800,044
Alternative Uses
Best Use
Specialty Retail
$1.03M
$900.1K – $1.20M
NOI $72,004 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,604 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
Dollar General
Shops & Services
8,781 visits/mo
0.4 miles
Family Dollar
Shops & Services
3,592 visits/mo
0.2 miles
SUBWAY
Dining
1,807 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
810 visits/mo
0.4 miles
Demographics for 43076, OH
9,145
Population
4,078
Households
2.2
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
65.2 sq mi
ZIP Area
140
Density / Sq Mi
$84,051
Median Household Income
$53,624
Median Earnings
$892
Median Rent
$274,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
Where is this conventional restaurant located?
The property is located at 14675 Zion Rd Thornville, OH.
What is the asking price?
The asking price for this property is $1,787,500.
What are key features of this property?
This property features: Turnkey waterfront bar and restaurant in a prime location on Buckeye Lake with high visibility and easy I‑70 access.; Custom‑built in 2020 with **high‑end architectural design and quality craftsmanship throughout.**; Established, high‑performance business with diverse revenue streams (dining, bar, coffee shop, merchandise).
