2695 State Route 83 Millersburg, OH 44654
- Warehouses
- 2,000 SF
- 2.28 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2695 State Route 83
- Lot size
- 2.28 lot acres
- Property size
- 2,000 SF
- Property type
- Warehouses
- APN
- 13-02332-001
- APU
- 1302332001
Description
This exceptional mixed-use property, located at 2695 State Route 83 in Millersburg, OH, presents a unique investment opportunity. The auction for this 2.28-acre parcel concludes Tuesday, February 25th at 5:00 PM. The main building boasts over 2400 square feet of office space, featuring four private offices, a spacious common area, and two bathrooms. In addition to the office space, there's over 2200 square feet of adaptable space ideal for storage, warehousing, or light manufacturing. A second building, measuring 40' x 50', offers three large overhead doors for convenient equipment access from either side. This building features reinforced concrete floors, electric service, and an overhead automatic hoist with supporting beams. The property also includes ample paved parking and a gravel driveway. Significant added value comes in the form of two large, owned fuel tanks and a 20KW Generac backup generator, ensuring operational continuity. Utilities include electricity, propane heat, Lake Buckhorn water, and a shared septic system. This versatile property is well-suited for a variety of commercial uses and offers significant potential for growth and return on investment. Don't miss this chance to acquire a substantial commercial property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $335,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $360,000
- Mixed-Use
- $360,000
- Hospitality
- $385,000
- Educational
- $305,000
- Residential Income
- $390,000
- Energy
- $360,000
- Income-Based Land
- $380,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Millersburg
- County
- Holmes
- State
- Ohio
- Longitude
- -81.897
- Latitude
- 40.4864