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    OFF-MARKET
    Auto shops

    1673 Brice Rd, Reynoldsburg, OH 43068-2703

    0.23 ac lot
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US66-3902624
    Property summary
    AI-generated overview

    This exceptional 4,880 square foot auto repair shop in Reynoldsburg, Ohio, presents a lucrative investment opportunity. Located at 1673 Brice Road, this established business boasts a 9.32% cap rate and a strong $205,000 net operating income (NOI) with 100% occupancy. The property sits on a 0.67-acre lot and includes three parcels (APN: 060-001166-00, 060-001167-00, 060-001168-00), zoned C-Commercial. The asking price is $2,200,000, translating to $450.82 per square foot. This single-story building benefits from excellent visibility and a prime location in a thriving community, making it an ideal investment for automotive professionals or developers seeking a high-return asset. The long-standing business enjoys a strong reputation and loyal customer base. The property's potential extends beyond its current use, offering possibilities for redevelopment or conversion. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-established, high-performing auto repair center in a desirable location.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Lot 0.23 ac (9,975 SF)
    APN 060-001167
    UPID US66-3902624
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Beany's Auto Service Center Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Beanys Property Management LLC · 18 yrs held
    Beanys Property Management LLC
    since 2007
    3 recorded transactions
    2007
    $650,000
    2006
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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