Property summary
This exceptional commercial property, located at 16178 Pike Street in Laurelville, Ohio, presents a significant investment opportunity. The building boasts a substantial 3,011 square feet of space, offering ample room for a variety of commercial ventures. Situated on a lot with no acreage specified, the property's size makes it ideal for businesses requiring significant interior space without the need for extensive land. The asking price is $1,400,000, reflecting the property's potential and strategic location within Laurelville. The property is classified as "Other," suggesting versatility in its potential uses. Given its size and price point, this property is well-suited for businesses seeking a prominent presence in the Laurelville market. Further due diligence is recommended to determine the specific zoning regulations and permitted uses for the property. Interested parties are encouraged to conduct thorough inspections and assessments to fully understand the property's condition and suitability for their intended purposes. This is a rare opportunity to acquire a substantial commercial building in a desirable location. The property's size and price make it an attractive investment for businesses seeking growth and expansion. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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