7948 Columbus Rd Pataskala, OH 43062
This exceptional commercial property, located at 7948 Columbus Road SW in Pataskala, Ohio, presents a unique investment opportunity. Situated on the northeast corner of Columbus Road (SR 16) and Watkins Road, this 589,802.4 square foot lot boasts unparalleled visibility and accessibility. Zoned General Business, the property is ripe for development, offering a multitude of commercial possibilities. The existing structures include a three-bedroom, two-bathroom home and a pole barn, providing potential for immediate use or future redevelopment. Built in 1940, the property's location in Licking County, Ohio, zip code 43062, offers easy access to major transportation routes. The expansive lot size allows for significant flexibility in development plans. Prospective buyers are encouraged to verify zoning regulations with the city of Pataskala zoning department to ensure alignment with their intended use. This high-traffic location ensures maximum exposure for any commercial venture. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Ohio community. The asking price is $994,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.