Property profile

5060 Walnut Rd Buckeye Lake, OH 43008

OFF-MARKET
Specialty properties
Property ID
US66-2412351
1,265 SF Built 1949
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Property summary

AI-generated overview

This 1,265-square-foot commercial property, located at 5060 Walnut Road in Buckeye Lake, Ohio, presents a unique investment opportunity. Built in 1949 and renovated in 2010, this Key West-style ranch home boasts 1,025 square feet of net rentable space situated on a 6,969.6-square-foot lot. Currently operating as a successful Airbnb with existing bookings, the property is offered fully furnished, including appliances, a tankless water heater, televisions, dishes, and linens. Its prime location across from the Buckeye Lake Yacht Club and Boatyard Tavern and Grill, and near the Buckeye Lake Brewery/Chef Shack, ensures high visibility and convenient access to local amenities. The property features a pleasant patio and yard. Zoned commercial, this versatile property offers potential for various business uses. Located just 30 minutes from Columbus, this turnkey operation is priced at $349,900 ($341.37 per square foot) and represents a compelling investment opportunity in a thriving lakeside community. The property's commercial zoning allows for diverse business applications beyond its current use. This turnkey offering includes all furnishings and appliances, minimizing setup costs for a new owner. The attractive location and existing bookings provide immediate revenue potential.

Property profile

Verified
Property type Specialty properties
Year built 1949
Total area 1,265 SF
UPID US66-2412351

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
  • Real Estate Agency

Location

5060 Walnut Rd Buckeye Lake, OH 43008
Buckeye Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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