12323 Worthington Rd Pataskala, OH 43062
This exceptional 5.3-acre commercial property, located at 12323 Worthington Road in Pataskala, Ohio, presents a unique investment opportunity. The 2,151 square foot main building, constructed in 1975, currently operates as a car dealership and offers a versatile layout including retail space and private offices. The property boasts excellent visibility and convenient access from State Highway 161, placing it just two miles from the Intel facility. Adding to its appeal is a beautifully maintained half-acre pond, enhancing the aesthetic value and providing a tranquil setting. Further contributing to the property's income potential is a 1700+ square foot ranch-style residence, ideal for rental income generation. A substantial 60x100 barn, complete with a private office, provides ample storage or workshop space. The expansive 230,868 square foot lot offers significant potential for expansion or redevelopment. With a net rentable area of 4,688 square feet and an asking price of $2,750,000 ($586.60 per square foot), this property is well-suited for a variety of commercial uses, including excavating companies, landscaping businesses, auto repair shops, or detailing services. Its prime location and diverse features make it a highly desirable investment in a rapidly growing area. The property is zoned for commercial use and is located in Licking County, Ohio, zip code 43062.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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