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    Columbus Ave Washington Court House, OH 43160

    For Sale
    $225,000

    Prime 3+ acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 139,392 square foot commercial property, located at 0 Columbus Avenue in Washington Court House, Ohio (43160), presents a unique investment opportunity. Zoned C, this land offers versatile usage potential as commercial, multi-family, or office space. The asking price is $225,000, translating to $78,125 per acre. All utilities are available, including public sewer, electric, gas, sanitary sewer, storm sewer, and water. The property boasts a highly visible location, situated behind established national retailers such as Frisch's Restaurant and Dollar General, ensuring significant foot traffic and brand recognition. Multiple easements exist through Dollar General and Frisch's, reflecting the property's historical context. This strategic location benefits from the recent announcement of a substantial $3.5 billion electric vehicle battery production plant by Honda and LG Energy Solution in Fayette County, promising significant future growth and development in the area. The APN is 214-006-4-00-003-05. This is a rare chance to acquire a sizable, well-located parcel in a thriving Ohio market. Don't miss this chance to capitalize on the area's economic momentum.

    Property Features for 0 Columbus Ave

    General Information

    Property type
    Multifamily properties

    HighLights

    • 139,392 SF commercial lot in Washington Court House, OH (43160), zoned C.
    • $225,000 asking price, $78,125 per acre.
    • All utilities available (water, sewer, gas, electric).
    • High visibility location near Frisch's and Dollar General, offering significant foot traffic.
    • Suitable for commercial, multi‑family, or office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Washington Court House
    County
    Fayette
    State
    Ohio
    Longitude
    -83.4275124
    Latitude
    39.5463578

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    FAQs

    What type of property is this?
    Multifamily property - Prime 3+ acre commercial lot, high visibility.
    Where is this multifamily property located?
    The property is located at Columbus Ave Washington Court House, OH.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 139,392 SF commercial lot in Washington Court House, OH (43160), zoned C.; $225,000 asking price, $78,125 per acre.; All utilities available (water, sewer, gas, electric).
    Request Owner's contact information
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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
    Columbus Ave Washington Court House, OH 43160
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