1095 5Th St Marysville, OH 43040

Property Details for 1095 5Th St

Year built

1999

Lot size

15.23 lot acres

Property size

54,452 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

29-0019008.0000

APU

2900190080000

Description

This exceptional investment opportunity presents two prime outlots totaling 2.22 acres in Marysville, Ohio, ideal for QSR and fast-food development. Located at 1095 W 5th St, 43040, these parcels offer high visibility and accessibility, situated near a major Rt 33 interchange. One outlot spans 0.65 acres, nestled between Wendy's and GENCO Dental, while the second, larger outlot encompasses 1.57 acres and allows for potential subdivision. The property benefits from its proximity to a newly developed Kroger shopping center, featuring a McDonald's and Starbucks, ensuring high foot traffic and consumer density. The area's revitalization includes the construction of 240 Class A apartments, further enhancing the location's appeal and projected growth. The asking price is $650,000, translating to a price per square foot of $14.91 and a price per acre of $650,000. This redevelopment project, formerly an older Kroger shopping center, presents a unique chance to capitalize on a thriving retail corridor and a rapidly evolving neighborhood. The surrounding area boasts established businesses such as Taco Bell, AutoZone, Chick-fil-A, Chipotle, Panera Bread, Raising Cane's, and T-Mobile, alongside Buffalo Wild Wings, indicating a strong and diverse commercial presence. This is a rare opportunity to acquire strategically located outlots in a high-growth area with significant upside potential.

Location Insight

City

Marysville

County

Union

State

Ohio

Longitude

-83.3873

Latitude

40.2391

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments