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    4302 Gallia St New Boston, OH 45662

    For Sale
    $165,000

    Prime Ohio Commercial Building, High Visibility

    Property size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial property, located at 4302 Gallia Street in New Boston, Ohio, presents a unique investment opportunity. The 2,100 square foot freestanding brick building sits on a highly visible corner lot at the intersection of Gallia Street (SR 52 East) and Lakeview Avenue, which also intersects with SR 52 West. The strategic location benefits from both traffic lights and pedestrian crossings, ensuring maximum exposure to potential customers. The building boasts several key features including a recently updated roof membrane and a functioning central heating unit. Ample basement storage space provides additional utility, complemented by convenient off-street parking. The versatile interior layout offers the potential for division into two separate commercial units, catering to a wide range of business needs. This property is ideal for entrepreneurs seeking to establish a new venture or for existing businesses looking to expand their operations in a high-traffic area. The asking price is $165,000. The property is zoned for commercial use and is situated in Scioto County, Ohio, zip code 45662. This is a rare opportunity to acquire a well-maintained, strategically located commercial building in a thriving community.

    Property Features for 4302 Gallia St

    General Information

    Property type
    Land
    Square Feet
    2,100 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    New Boston
    County
    Scioto
    State
    Ohio
    Longitude
    -82.9306287
    Latitude
    38.7549943

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Ohio Commercial Building, High Visibility
    Where is this land located?
    The property is located at 4302 Gallia St New Boston, OH.
    What is the asking price?
    The asking price for this property is $165,000.
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    4302 Gallia St New Boston, OH 45662
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    New Boston, OH 45662
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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
    4302 Gallia St New Boston, OH 45662
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