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    161 High St Hebron, OH 43025

    For Sale
    $650,000

    Prime Retail Location, Drive-Thru Ready

    Property size:
    3,306 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property at 161 N High Street, Hebron, OH 43025, offers 3,306 square feet of renovated space, perfect for a variety of uses. The asking price is $650,000, translating to $196.61 per square foot. A key feature is the existing, fully equipped drive-thru, complete with new equipment, coolers, and all necessary infrastructure included in the sale price. The property sits on a sizable 11,325.6 square foot lot, providing ample space for outdoor seating or additional development. The versatile interior is ideal for a pizza shop, restaurant, or other retail businesses. This location benefits from its proximity to a planned large housing community, promising significant future growth and increased customer traffic. Hebron's strategic location, offering affordability and convenient access to the Intel and New Albany corridor, further enhances the investment potential. This presents a unique opportunity to capitalize on the burgeoning growth of Hebron, Ohio, and establish a thriving business in a vibrant community. The property's net rentable area is 3,306 square feet, matching the total square footage. This turnkey operation is ready for immediate occupancy and poised for success.

    Property Features for 161 High St

    General Information

    Property type
    Retail properties
    Square Feet
    3,306 SF

    HighLights

    • $650,000 asking price for this retail property.
    • 3,306 square feet of net rentable space.
    • $196.61 per square foot price.
    • 11,325.6 square foot lot.
    • Renovated drive‑thru with new equipment included.
    • Suitable for various retail uses, including restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hebron Drive Thru Convenience Store Mill Dam Storage ... Self-Storage Facility Lady Crazy Horse, ... Equestrian Store Outlook Automotive Auto Repair Shop Fur-endly Dog Grooming Pet Groomer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hebron
    County
    Licking
    State
    Ohio
    Longitude
    -82.4903562
    Latitude
    39.9675685

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, Drive-Thru Ready
    Where is this retail property located?
    The property is located at 161 High St Hebron, OH.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price for this retail property.; 3,306 square feet of net rentable space.; $196.61 per square foot price.
    Request Owner's contact information
    161 High St Hebron, OH 43025
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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
    161 High St Hebron, OH 43025
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