6445 High St Lockbourne, OH 43137
- Commercial real estate
- 2,284 SF
- 12.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6445 High St
- Year built
- 1980
- Lot size
- 12.25 lot acres
- Property size
- 2,284 SF
- Property type
- Commercial real estate
- APN
- 150-000396
- APU
- 150000396
Description
This exceptional 6.1-acre industrial land parcel presents a compelling investment opportunity in Lockbourne, Ohio. Ideally situated for businesses requiring convenient access to major transportation arteries, the property boasts a strategic location just 4.8 miles from Rickenbacker International Airport. Its immediate proximity to US-23 and the southern edge of I-270 ensures seamless connectivity for logistics and distribution operations. The land is designated for industrial use and is suitable for a variety of applications, including truck storage, given its ample size and convenient location. A recent survey has clearly defined the parcel boundaries, ensuring a straightforward and uncomplicated transaction. The single-tenant zoning provides operational simplicity and potential for long-term lease agreements. This property offers significant potential for growth and profitability, making it an attractive investment in a thriving industrial area. The location near the Eldorado Scioto Downs Casino adds to the area's vibrancy and potential for ancillary business opportunities. This is a rare opportunity to acquire a well-positioned, sizable industrial land parcel in a high-demand location. The property is ready for immediate development, offering a streamlined path to realizing your business goals. Detailed survey information is available upon request. The address is 6445 S High St, Lockbourne, OH 43137, within Franklin County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $590,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $650,000
- Geo Method
- $650,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $560,000
- Retail
- $540,000
- Mixed-Use
- $665,000
- Hospitality
- $635,000
- Educational
- $650,000
- Residential Income
- $525,000
- Energy
- $615,000
- Income-Based Land
- $535,000
- Food Service
- $550,000
Location Insight
- Map
- Local Demand
- City
- Lockbourne
- County
- Franklin
- State
- Ohio
- Longitude
- -83.002
- Latitude
- 39.8288
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
