1826 Us Hwy 36 Urbana, OH 43078-9600
Property profile & analytics
1826 Us Hwy 36 Urbana, OH 43078-9600
- Commercial land
- 1.03 lot acres
Property ID
US66-4409035
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 1826 Us Hwy 36
- Lot size
- 1.03 lot acres
- Property type
- Commercial land
- APN
- K48-25-11-03-49-003-00
- APU
- K482511034900300
Description
This exceptional investment opportunity presents a brand-new, 2024-built Starbucks with a drive-thru, situated on a 1.02-acre lot in Urbana, Ohio (43078). The property boasts 2,540 square feet and is currently under a 12.1-year net lease (expiring 12/31/2036) with a corporate guarantee from Starbucks, a Fortune 500 company with an S&P investment grade credit rating of BBB+. The lease includes 7.5% rent bumps every five years, ensuring consistent income growth. The property enjoys a prime location along a major retail corridor with daily traffic exceeding 17,000 vehicles, offering excellent visibility and accessibility. Its strategic placement within the Urbana Commons Retail Center, near Walmart, ALDI, Kroger, and other national retailers, further enhances its appeal. The property's proximity to Mercy Health Urbana Hospital and a planned residential development (Dugan Place) with hundreds of new housing units promises sustained customer traffic. The location near the Champaign County Fairgrounds also provides access to a significant annual influx of visitors. The property's strong financials include a 6.35% cap rate and a net operating income (NOI) of $168,500, making it an attractive addition to any portfolio. The asking price is $2,653,543, with a price per square foot of $1,044.70. This is a rare opportunity to acquire a high-quality, income-producing asset with a strong tenant and significant growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $565,000
- ML approach
- $580,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Urbana
- County
- Champaign
- State
- Ohio
- Longitude
- -83.7163
- Latitude
- 40.1064
- CBSA code
- 46500
- CBSA name
- URBANA, OH MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,100
$30,910
$0.00
$30,910
-
$88,310
$0.00
$88,310
