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    8600 Sancus Blvd Columbus, OH 43240

    Sponsored
    For Sale
    $3,300,000

    Vacant 12,000 SF Shopping Center in Columbus, OH

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a vacant 12,000-square-foot shopping center ideally situated on a 1.16-acre lot in Columbus, Ohio. Located at 8600 Sancus Blvd, in Delaware County, zip code 43240, this single-building property boasts a prime location and offers significant potential for redevelopment or lease to a variety of retail tenants. Built in 1999, the property is offered at an attractive price of $3,300,000, translating to $241.67 per square foot. The property's Net Net Net (NNN) lease structure provides a straightforward ownership experience. Currently vacant, this shopping center presents a blank canvas for an investor to create a thriving retail destination. The property's size and location make it suitable for a variety of retail concepts, offering a strong return on investment for the right buyer. The ample lot size provides ample parking and potential for future expansion. The property's APN is 31843301008001. This is a rare opportunity to acquire a well-located, sizable retail property in a growing market. Don't miss out on this chance to capitalize on the potential of this Columbus shopping center.

    Property Features for 8600 Sancus Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    12,000 SF
    Lot Size
    50,530 SF

    Building Details

    Year Built
    1999
    Buildings
    1

    HighLights

    • $3,300,000 asking price for this 12,000 SF retail shopping center.
    • NNN lease, currently vacant.
    • 12,000 square feet on a 1.16‑acre lot, priced at $241.67 per square foot.
    • Single‑story building constructed in 1999.
    • Located at 8600 Sancus Blvd, Columbus, OH 43240 (APN: 31843301008001).
    Property Profile Location Intelligence

    Current Use by Public Records

    Phenix Salon Suites Beauty Salon The Spabershop Barber Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9908935
    Latitude
    40.139102

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    FAQs

    What type of property is this?
    Lifestyle center - Vacant 12,000 SF Shopping Center in Columbus, OH
    Where is this lifestyle center located?
    The property is located at 8600 Sancus Blvd Columbus, OH.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: $3,300,000 asking price for this 12,000 SF retail shopping center.; NNN lease, currently vacant.; 12,000 square feet on a 1.16-acre lot, priced at $241.67 per square foot.
    Request Owner's contact information
    8600 Sancus Blvd Columbus, OH 43240
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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
    8600 Sancus Blvd Columbus, OH 43240
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