Property profile

325 London Rd Delaware, OH 43015

OFF-MARKET
Auto shops
Property ID
US66-2145703
1,536 SF 0.35 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,536 square foot special purpose property, located at 325 London Road in Delaware, Ohio, presents a unique investment opportunity. Built in 1965, the building sits on a 0.35-acre lot (15,246 sq ft) and features a former two-car tandem drive-thru garage, a small office with a half bath, and a storage room. The property boasts 154 feet of road frontage on US 42, a major thoroughfare undergoing expansion, promising increased traffic and visibility. City sewer and water are available. Recent improvements include a brand new HVAC system installed in 2023, along with other office updates. The property is zoned SWA-1, allowing for a variety of permitted uses, including but not limited to parking garages, breweries, retail spaces, and health clubs. The asking price is $169,000, reflecting the property's current condition and offering significant potential for redevelopment. The property's strategic location in the rapidly expanding Delaware County makes it an attractive prospect for developers and investors seeking a high-growth area. The price per square foot is $110.03.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Total area 1,536 SF
Lot 0.35 ac (15,202 SF)
APN 419-211-05-004-000
UPID US66-2145703

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
  • Bbq Area
  • Building Supply General Contractor

Location

325 London Rd Delaware, OH 43015-2444
Delaware metro Census 12200 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2025
Last sale
$115,000
3 recorded transactions
2025
$115,000
2023
Price N/A
2021
$135,800

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
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