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    6445 High St Lockbourne, OH 43137

    For Lease
    $48,000

    Prime Industrial Land Near Rickenbacker Airport

    Lot size:
    265,716 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6.1-acre industrial land parcel presents a compelling investment opportunity in Lockbourne, Ohio. Ideally situated for businesses requiring convenient access to major transportation arteries, the property boasts a strategic location just 4.8 miles from Rickenbacker International Airport. Its immediate proximity to US-23 and the southern edge of I-270 ensures seamless connectivity for logistics and distribution operations. The land is designated for industrial use and is suitable for a variety of applications, including truck storage, given its ample size and convenient location. A recent survey has clearly defined the parcel boundaries, ensuring a straightforward and uncomplicated transaction. The single-tenant zoning provides operational simplicity and potential for long-term lease agreements. This property offers significant potential for growth and profitability, making it an attractive investment in a thriving industrial area. The location near the Eldorado Scioto Downs Casino adds to the area's vibrancy and potential for ancillary business opportunities. This is a rare opportunity to acquire a well-positioned, sizable industrial land parcel in a high-demand location. The property is ready for immediate development, offering a streamlined path to realizing your business goals. Detailed survey information is available upon request. The address is 6445 S High St, Lockbourne, OH 43137, within Franklin County.

    Property Features for 6445 High St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    265,716 SF
    Total Rate
    48000

    Unit(s) available at that property

    Space
    Size
    265,716 SF
    Rate per SF
    $48,000

    HighLights

    • 6.1‑acre industrial land parcel in Lockbourne, OH.
    • 4.8 miles from Rickenbacker International Airport, with easy access to US‑23 and I‑270.
    • Zoned for industrial use, suitable for various applications including truck storage.
    • Recently surveyed with clearly defined boundaries.
    • Single‑tenant zoning.
    • Located at 6445 S High St, Lockbourne, OH 43137 (Franklin County).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Dental Office Food Market Pharmacy Kitchen & Bath Auto Repair Shop HVAC Service Garden Center Plumbing Service Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockbourne
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0011055
    Latitude
    39.8295598

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land Near Rickenbacker Airport
    Where is this land located?
    The property is located at 6445 High St Lockbourne, OH.
    What is the lease rate?
    The lease rate is $48,000.
    What are key features of this property?
    This property features: 6.1-acre industrial land parcel in Lockbourne, OH.; 4.8 miles from Rickenbacker International Airport, with easy access to US-23 and I-270.; Zoned for industrial use, suitable for various applications including truck storage.
    Request Owner's contact information
    6445 High St Lockbourne, OH 43137
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    Lockbourne, OH 43137
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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
    6445 High St Lockbourne, OH 43137
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