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    3989 Jackpot Rd Grove City, OH 43123

    For Lease
    $180 SF/Yr

    Prime Office/Medical Space Available

    Lot size:
    4,284 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This single-tenant, 4,284 square foot Class B office building is situated on a 0.55-acre lot at 3989 Jackpot Road, offering a highly desirable location. Currently, 2,142 square feet are vacant, presenting a unique opportunity for a medical or traditional office user. The property features 6-8 sizable offices or exam rooms, a spacious reception area, and dedicated lab rooms, making it ideal for various medical or professional practices. The building boasts 50 parking spaces, adding significant convenience for staff and clients. The property is zoned for office use and has an APN of 040-014757. Taxes are $2.25 per square foot. The building is a single-story structure with no elevators. The current lease on the occupied portion is month-to-month with a 30-day escape clause, allowing for potential full building occupancy by December 2024 for the right tenant. Freeway signage is negotiable for a minimum five-year lease. The property is conveniently located near Stringtown Rd. Lease terms are triple net.

    Property Features for 3989 Jackpot Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,284 SF
    Class
    B
    Total Rate
    64260

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,284 SF
    Rate per SF
    $180

    HighLights

    • 4,284 SF single‑tenant office building suitable for medical or general office use.
    • Located on Jackpot Road, near Stringtown Rd.
    • Features approximately 6‑8 offices/exam rooms, reception area, and lab space.
    • Currently partially vacant with 2,142 SF available; entire building available December 2024.
    • 50 parking spaces available.
    • Class B building, one story, on a 0.55‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Julio C. ... Dermatologist Dr. Patrick D. ... Ophthalmologist Patrick Douglas Schumacher Ophthalmologist Anand Ramachandran Ophthalmologist Harmeet Singh Chawla Ophthalmologist

    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
    Grove City
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0470992
    Latitude
    39.8806482

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    FAQs

    What type of property is this?
    Medical office - Prime Office/Medical Space Available
    Where is this medical office located?
    The property is located at 3989 Jackpot Rd Grove City, OH.
    What is the lease rate?
    The lease rate is $180 SF/Yr.
    What are key features of this property?
    This property features: 4,284 SF single-tenant office building suitable for medical or general office use.; Located on Jackpot Road, near Stringtown Rd.; Features approximately 6-8 offices/exam rooms, reception area, and lab space.
    Request Owner's contact information
    3989 Jackpot Rd Grove City, OH 43123
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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
    3989 Jackpot Rd Grove City, OH 43123
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