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    431 Back St Lucasville, OH 45648

    Sponsored
    For Sale
    $350,000

    11,000 SF Commercial Land, Warehouse, Workshop

    Property size:
    11,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Lucasville, Ohio commercial property, listed at $350,000, offers a unique blend of versatile spaces ideal for various business ventures. The property encompasses a substantial 11,000 square feet of land, featuring a 6,000 square foot warehouse boasting approximately 20-foot ceilings and a durable concrete floor. Adjacent to the warehouse is a 5,000 square foot workshop, complete with a functional paint booth and an additional vented work area, perfect for specialized manufacturing or repair operations. Adding to the property's flexibility is a three-bedroom, one-bathroom apartment with laminate and tile flooring. Currently configured as living space, this area could easily be converted into office space, providing convenient on-site accommodations or additional workspace. Located at 431 Back St., Lucasville, OH 45648, this property presents a significant opportunity for entrepreneurs and investors alike. The property's size and diverse features make it suitable for a wide range of commercial uses. Three-dimensional virtual tours are available for prospective buyers to explore the property's layout and potential in detail. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

    Property Features for 431 Back St

    General Information

    Property type
    Land
    Square Feet
    11,000 SF

    HighLights

    • $350,000 asking price.
    • 11,000 square foot lot, Special Purpose/Commercial Land.
    • Lucasville, OH, 45648 (431 Back St).
    • Includes a 6,000 sq ft warehouse with 20 ft ceilings and concrete floor, a 5,000 sq ft workshop with paint booth, and a 3 bed/1 bath apartment (convertible to office space).
    Property Profile Location Intelligence

    Current Use by Public Records

    Temple Equipment Restaurant Supply Store

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lucasville
    County
    Scioto
    State
    Ohio
    Longitude
    -82.9951369
    Latitude
    38.8804462

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 11,000 SF Commercial Land, Warehouse, Workshop
    Where is this land located?
    The property is located at 431 Back St Lucasville, OH.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 11,000 square foot lot, Special Purpose/Commercial Land.; Lucasville, OH, 45648 (431 Back St).
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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
    431 Back St Lucasville, OH 45648
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