16178 Pike St, Laurelville, OH 43135-9105
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.
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The Ridge Inn Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.