480 Jefferson AvePlain City, OH 43064

Property Details for 480 Jefferson Ave

Year built

2006

Lot size

1.05 AC

Property size (Sq ft)

8,580 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

04-00166.003

APU

400166003

Description

This exceptional special-purpose property at 480 S Jefferson Avenue, Plain City, OH 43064, presents a unique business opportunity. The single-tenant building boasts a substantial 8,580 square feet of space, ideally suited for a variety of commercial uses. Its prime location offers unparalleled visibility from US RT 42, ensuring high traffic and exposure for your business. The property includes a generous 65 parking spaces, providing ample convenience for customers and employees. An additional 300 square feet offers versatile expansion or storage potential. The lot size is 1.05 acres, providing ample room for maneuvering and potential future development. The property's strategic location near the Der Dutchman Restaurant further enhances its appeal. A significant advantage is the inclusion of a drive-through facility and a large LED sign, providing excellent opportunities for advertising and branding. The property's APN is 04-00166.003, and the cross street is Perry Pike. This is a rare opportunity to secure a high-profile commercial space in a thriving location. Don't miss out on this exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $1,746,701

  6.5%

  $1,612,340

  7%

  $1,497,172

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,022,484

  Geo Method

  $2,022,484

• Alternative Use

  Use

  Valuation

  Residential

  $1,360,069

  Hospitality

  $1,245,816

  Educational

  $1,036,504

  Medical

  $1,072,151

  Retail

  $1,612,340

Location Insight

City

Plain City

County

Madison

State

Ohio

Latitude

40.1036

Longitude

-83.2795

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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