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Property profile & analytics
OFF-MARKET
Specialty properties

211 High St New Lexington, OH 43764

1,934 SF Built 1986
Property ID
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a well-established preschool and daycare center ideally situated in the heart of New Lexington, Ohio. The property, located at 211 S High Street, boasts a spacious 1,934 square foot building constructed in 1986, situated on a 6,534 square foot lot. The asking price is $339,900, translating to $175.75 per square foot. The center features three well-equipped classrooms designed to accommodate various age groups: two traditional classrooms and one specifically for infants and toddlers. Young children will enjoy the three shaded, fenced playgrounds, each with its own separate entrance, ensuring safe and supervised outdoor play. The building also includes a functional administrative office, a fully equipped kitchen, a convenient laundry area, and ample storage space. An additional exterior building is also available, offering further potential for expansion or additional storage. This established business is ready for a new owner to continue its success in a thriving community. All aspects of the business are included in the sale, making this a truly turnkey operation. The property's central location in New Lexington ensures easy access for families and provides a strong foundation for continued growth and profitability.

Property profile
Verified
Property type Specialty properties
Year built 1986
Total area 1,934 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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