4059 Delaware, OH 43015
- Investment properties
- 7.37 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4059
- Lot size
- 7.37 lot acres
- Property type
- Investment properties
Description
This exceptional 7.37-acre commercial property presents a lucrative investment opportunity in Delaware, Ohio. The site boasts a substantial existing infrastructure, including a 24,000 square foot storage facility comprising 63 individual units, all accessed via a secure gated entrance and code pad system. In addition to the storage units, the property includes 117 surface parking spaces, providing ample room for tenants and customers. A significant 9,400 square foot office building is currently occupied by four tenants, generating consistent rental income. Two billboards on the property offer additional revenue streams. The property's strategic location between Sunbury and Delaware, approximately three miles west of the I-71 interchange and three miles north of Alum Creek Reservoir, ensures high visibility and accessibility. This high-traffic area is experiencing significant growth, making this property ideally positioned for future expansion and development. The combination of existing income-generating assets and the potential for future development makes this a compelling investment opportunity in a thriving market. The property's secure access and established tenant base contribute to its strong financial performance and long-term viability. This is a rare chance to acquire a well-established and profitable commercial property with significant upside potential in a rapidly growing region. The property is offered at $4,700,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delaware
- County
- Delaware
- State
- Ohio
- Longitude
- -83.0933
- Latitude
- 40.2912