3050 Delta Marine Dr Reynoldsburg, OH 43068
- Office buildings
- 4,960 SF
- 0.51 lot acres
Current Use by Public Records
- Simply Chic Studios / Photography Service
Property Details for 3050 Delta Marine Dr
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 0.51 lot acres
- Property size
- 4,960 SF
- Property type
- Office buildings
- APN
- 530-244972
- APU
- 530244972
Description
This exceptional investment opportunity presents a 4,960 square foot mixed-use building situated at 3050 Delta Marine Drive in Reynoldsburg, Ohio. The property is offered at $650,000 and presents a unique chance to acquire a versatile commercial space in a desirable location. The building's mixed-use zoning allows for a variety of potential uses, catering to entrepreneurs and investors seeking flexibility. With a substantial footprint of 4,960 square feet, the property offers ample space for diverse business ventures. The building's precise configuration and internal layout are not specified, allowing for customization to suit individual business needs. The property sits on a lot with no acreage specified, indicating a potentially convenient and manageable footprint. Given its location in Reynoldsburg, Ohio, the property benefits from access to local amenities, transportation networks, and a potentially strong customer base. The asking price of $650,000 represents a compelling investment opportunity in the thriving Reynoldsburg commercial real estate market. Further due diligence is recommended to fully assess the property's potential and suitability for specific business plans. Interested parties are encouraged to conduct thorough inspections and research to confirm all aspects of the property's suitability for their intended use.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $380,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $555,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $515,000
- Geo Method
- $440,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $570,000
- Mixed-Use
- $470,000
- Hospitality
- $535,000
- Educational
- $510,000
- Residential Income
- $455,000
- Energy
- $550,000
- Income-Based Land
- $510,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Reynoldsburg
- County
- Franklin
- State
- Ohio
- Longitude
- -82.8247
- Latitude
- 39.9184
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA