2309 Southgate Rd Cambridge, OH 43725
This exceptional mixed-use property at 2309 Southgate in Cambridge, Ohio, presents a lucrative investment opportunity. Situated on a 1.21-acre lot, this cleared and level parcel boasts an enviable location with convenient access to I-70 and the I-70/77 interchange. The high daily traffic count of 23,000 vehicles along Southgate Parkway ensures significant visibility and potential for substantial income generation. The property's strategic placement between popular restaurants and directly across from three hotels further enhances its appeal. Currently operating as a successful Metal Building Sales company, the business offers a diverse range of products including Amish-built sheds, vinyl decks and fencing, poly furniture, and deer blinds. A 10x20 Amish-built office building, complete with electricity, air conditioning, and baseboard heating, is included. Financial records indicate a gross income of $50,000 during the first nine months of operation, with projected annual sales exceeding $1,000,000. This property is ideal for an entrepreneur seeking an established business with high growth potential or a developer looking to capitalize on its prime location and high traffic volume. The property is ready for immediate occupancy or redevelopment, offering a unique blend of existing income and future development possibilities. Priced at $394,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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