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    632 Elm St Washington Court House, OH 43160

    Sponsored
    For Sale
    $189,900

    Unique Business Opportunity: 3 Parcels, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity in Washington Court House, Ohio, presents a unique chance to establish your own business. The property, located at 632 E Elm Street, encompasses three parcels totaling 5,227.2 square feet on a prominent corner lot at the intersection of E. Elm and Robinson Road, an area characterized by high traffic volume. The property is being sold "as-is." One parcel is zoned residential and includes a one-bedroom, one-bathroom home currently generating rental income. The remaining two parcels are zoned commercial, offering significant flexibility for various business ventures. The asking price for this multifaceted property is $189,900. This presents a rare chance to acquire a substantial property with existing income potential and significant development possibilities in a high-traffic location. The property's strategic location and diverse zoning make it an attractive proposition for entrepreneurs and investors seeking a foothold in a thriving Ohio market. The address is easily accessible and visible from a major thoroughfare. This is a turnkey opportunity to own a versatile property with immediate income potential and long-term growth prospects. Serious inquiries are encouraged.

    Property Features for 632 Elm St

    General Information

    Property type
    Specialty properties

    HighLights

    • Exceptional investment opportunity in Washington Court House, Ohio, asking $189,900.
    • Three parcels totaling 5,227.2 square feet on a high‑traffic corner lot at E. Elm and Robinson Road.
    • Includes a one‑bedroom, one‑bathroom rental property (residential zoning) plus two commercially‑zoned parcels.
    • As‑is sale; offers immediate income and development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington Court House
    County
    Fayette
    State
    Ohio
    Longitude
    -83.4254957
    Latitude
    39.5334065

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    FAQs

    What type of property is this?
    Specialty property - Unique Business Opportunity: 3 Parcels, High Traffic
    Where is this specialty property located?
    The property is located at 632 Elm St Washington Court House, OH.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: Exceptional investment opportunity in Washington Court House, Ohio, asking $189,900.; Three parcels totaling 5,227.2 square feet on a high-traffic corner lot at E. Elm and Robinson Road.; Includes a one-bedroom, one-bathroom rental property (residential zoning) plus two commercially-zoned parcels.
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    632 Elm St Washington Court House, OH 43160
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    Washington Court House, OH 43160
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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
    632 Elm St Washington Court House, OH 43160
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