480 Jefferson Ave, Plain City, OH 43064-4137
- Strip malls
- 8,580 SF
- 1.05 lot acres
Current Use by Public Records
- Memorial Family Medicine | Plain City / Pediatrician / Physician
- John Adams, II, DO / Pediatrician / Physician
- Fenn Alicia MD / Pediatrician / Medical Clinic
- Lonnie J. Craft, RPh / Pharmacy
- Nisenoff Carolina D MD / Physician
Property Details for 480 Jefferson Ave
- Year built
- 2006
- Lot size
- 1.05 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 04-00166.003
- APU
- 400166003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 23, 2014 | — | 480 Properties LLC | Lonnie J Craft | Quit Claim Deed · related | $925k · The Peoples Savings Bank |
| Apr 3, 2006 | — | Lonnie J Craft | Balantyne Family LP | Survivorship Deed | $203k · The Delaware County Bank And Trust |
| Feb 23, 2005 | $189,839 | Ballantyne Family Ltd | Winn,ron | Grant Deed | — |
Description
This exceptional special-purpose property at 480 S Jefferson Avenue, Plain City, OH 43064, presents a unique business opportunity. The single-tenant building boasts a substantial 8,580 square feet of space, ideally suited for a variety of commercial uses. Its prime location offers unparalleled visibility from US RT 42, ensuring high traffic and exposure for your business. The property includes a generous 65 parking spaces, providing ample convenience for customers and employees. An additional 300 square feet offers versatile expansion or storage potential. The lot size is 1.05 acres, providing ample room for maneuvering and potential future development. The property's strategic location near the Der Dutchman Restaurant further enhances its appeal. A significant advantage is the inclusion of a drive-through facility and a large LED sign, providing excellent opportunities for advertising and branding. The property's APN is 04-00166.003, and the cross street is Perry Pike. This is a rare opportunity to secure a high-profile commercial space in a thriving location. Don't miss out on this exceptional offering.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $610,000
- 6.5%
- $560,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $641,000
Market price range: $191k - $641k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $395,000 Current use
- AUTO REPAIR, GARAGE
- $725,000 Change: +82% Conversion: Difficult
- RESTAURANT
- $700,000 Change: +77% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $645,000 Change: +62% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $645,000 Change: +62% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plain City
- County
- Madison
- State
- Ohio
- Longitude
- -83.2795
- Latitude
- 40.1036
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
