Property profile

16178 Pike St Laurelville, OH 43135

OFF-MARKET
Turn key restaurants
Property ID
US66-5077265
3,011 SF
Individually Owned 20-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Turn key restaurants
Use group RESTAURANT
Construction FRAME
Total area 3,011 SF
APN 14-000181.0000
UPID US66-5077265

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

16178 Pike St Laurelville, OH 43135-9105
Laurelville metro Census 965000 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2006
1 recorded transaction
2006
$144,666

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16178 Pike St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message