4059 State Rte 37th E Delaware, OH 43015-9461
- Warehouses
- 3,200 SF
- 7.37 lot acres
Nov 04, 2024
Current Use by Public Records
- Maxima Concrete / General Contractor / Landscape Designer
- Royce Wood Auto Service / Used Car Dealer
Property Details for 4059 State Rte 37th E
- Year built
- 1991
- Lot size
- 7.37 lot acres
- Property size
- 3,200 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 418-210-01-005-001
- APU
- 41821001005001
Description
This exceptional investment property, located at 4059 State Route 37 E in Delaware, Ohio, presents a unique opportunity. The 321,037.2 square foot lot houses a thriving business complex currently generating income. The property features a well-established 24,000 square foot storage facility comprising 63 individual units, secured by a gated entry and code pad access, ensuring tenant and asset security. In addition to the storage units, the property boasts 117 surface parking spaces, providing ample parking for tenants and visitors. A substantial 9,400 square feet of office space is currently occupied by four tenants, generating consistent rental income. Two billboards on the property offer additional revenue streams. Strategically positioned between Sunbury and Delaware, Ohio, this property benefits from high traffic volume due to its proximity to the I-71 interchange (approximately 3 miles west) and Alum Creek Reservoir (approximately 3 miles north). The area is experiencing significant growth, making this a particularly attractive investment for long-term appreciation. The asking price for this exceptional property is $4,700,000. This presents a rare chance to acquire a multi-faceted income-producing asset in a high-growth market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delaware
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9924
- Latitude
- 40.2822
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
