4059 State Rte 37th E Delaware, OH 43015-9461
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.
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Maxima Concrete Construction Company General Contractor
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Royce Wood Auto Service Car Dealership
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
Similar Nearby for Lease
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.