1211 Court St Circleville, OH 43113
- Commercial real estate
- 6,820 SF
- 2.20 lot acres
Current Use by Public Records
- Subway / Fast Food Restaurant / Takeout Restaurant
- Rivera Family Roofing & Remodeling / Roofing Contractor
- Scippo Creek LLC, Liquidation Services / Wholesaler
Property Details for 1211 Court St
- Year built
- 1940
- Construction
- FRAME
- Lot size
- 2.20 lot acres
- Property size
- 6,820 SF
- Property type
- Commercial real estate
- APN
- A05-1-135-01-013-02
- APU
- A0511350101302
Description
This exceptional 6,820 square foot mixed-use property, situated on a prominent 2.2-acre corner lot in Circleville, Ohio, presents a compelling investment opportunity. The property boasts a high-traffic location at a hard corner intersection, ensuring excellent visibility and accessibility. Currently occupied by a Subway franchise and a local auction house, the existing building offers immediate income potential. Ample parking is available on-site. The expansive lot provides significant potential for future development or expansion, catering to a variety of uses. The strategic location is surrounded by a thriving mix of commercial and residential properties, including a Speedway gas station directly across the street, several medical facilities, retail establishments (with a Dollar General immediately adjacent), and the Pickaway County Library. Several residential subdivisions are within easy walking distance, creating a strong customer base for potential businesses. This property offers a unique blend of existing income and future development potential in a highly desirable and convenient location. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $330,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $355,000
- Mixed-Use
- $290,000
- Hospitality
- $310,000
- Educational
- $285,000
- Residential Income
- $335,000
- Energy
- $260,000
- Income-Based Land
- $330,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Circleville
- County
- Pickaway
- State
- Ohio
- Longitude
- -82.9412
- Latitude
- 39.621
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
