654 Luse Dr Pickerington, OH 43147
This exceptional 1.29-acre commercial lot in Pickerington, Ohio, presents a prime investment opportunity. Located off State Route 256 (Hill Road North), this property boasts approximately 200 feet of road frontage on State Route 256 and 100 feet of access from Luse Drive. The C-3 commercial zoning allows for a wide range of uses, including but not limited to business, commercial and general retail establishments, restaurants, professional and medical offices, auto fuel service, and daycare facilities. Importantly, the lot has already received approval for car wash services. Detailed site plans, studies, and car wash plans are available upon request. The property's strategic location offers unparalleled accessibility, situated just 2 miles from I-70 and 4 miles from the US Route 33/Diley Road interchange. The area demonstrates strong commercial activity, with medical offices to the south, a new dental office to the north, and an optometry office directly across the street. The high daily traffic count of approximately 14,500 vehicles further enhances the property's potential. The asking price for this all-improved lot is $429,900. The property's APN is 0411166300, and ownership is held by Conover.
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
Physical attributes from public recordsZoning & alternative use
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.