1673 Brice Rd Reynoldsburg, OH 43068
- Auto shops
- 0.23 lot acres
Current Use by Public Records
- Beany's Auto Service Center / Auto Repair Shop / Auto Parts Store
Property Details for 1673 Brice Rd
- Lot size
- 0.23 lot acres
- Property type
- Auto shops
- APN
- 060-001167
- APU
- 60001167
Description
This exceptional 4,880 square foot auto repair shop in Reynoldsburg, Ohio, presents a lucrative investment opportunity. Located at 1673 Brice Road, this established business boasts a 9.32% cap rate and a strong $205,000 net operating income (NOI) with 100% occupancy. The property sits on a 0.67-acre lot and includes three parcels (APN: 060-001166-00, 060-001167-00, 060-001168-00), zoned C-Commercial. The asking price is $2,200,000, translating to $450.82 per square foot. This single-story building benefits from excellent visibility and a prime location in a thriving community, making it an ideal investment for automotive professionals or developers seeking a high-return asset. The long-standing business enjoys a strong reputation and loyal customer base. The property's potential extends beyond its current use, offering possibilities for redevelopment or conversion. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-established, high-performing auto repair center in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reynoldsburg
- County
- Franklin
- State
- Ohio
- Longitude
- -82.83
- Latitude
- 39.9459
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
