2525 Petzinger RdColumbus, OH 43209

Property Details for 2525 Petzinger Rd

Year built

1973

Construction

WOOD

Lot size

0.76 AC

Property size (Sq ft)

4,980 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

010-009754

APU

10009754

Description

This exceptional investment opportunity presents a 4,980-square-foot daycare center situated on a 0.77-acre lot in Columbus, Ohio. The property, located at 2525 Petzinger Rd, zip code 43209, is ideally positioned within the Berwick neighborhood, known for its mix of residential and retail establishments, offering convenient access to a substantial population base. Built in 1973, the building has undergone consistent and regular updates to its structure and mechanical systems, ensuring its continued functionality and appeal. The property is zoned Institutional (I) by the City of Columbus, making it suitable for its current use and potentially other permitted institutional uses. Its generous lot size provides ample space for outdoor play areas and potential expansion. The strategic location within a thriving community, coupled with the building's well-maintained condition and favorable zoning, makes this a highly attractive investment prospect for those seeking a stable and potentially growing income stream in the daycare industry. The property's size and location offer significant potential for future development or expansion, catering to the increasing demand for childcare services in the area. This is a rare opportunity to acquire a well-established and profitable daycare center in a desirable Columbus location.

• CAP approach

  CAP return

  Valuation

  6%

  $841,358

  6.5%

  $776,638

  7%

  $721,164

• Comparable approach

  Method

  Valuation

  Relative Method

  $535,704

  Geo Method

  $535,704

• Alternative Use

  Use

  Valuation

  Residential

  $985,199

  Hospitality

  $902,437

  Educational

  $750,817

  Medical

  $776,638

  Retail

  $1,167,937

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.929

Longitude

-82.9242

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.