550 Hebron Rd Heath, OH 43056-1401
This exceptional 4,860 square foot mixed-use commercial property, situated on a 0.67-acre lot at 550 Hebron Road in Heath, Ohio, presents a unique investment opportunity. Previously utilized as a car lot, car wash, and automotive retail store, this property offers significant flexibility for a variety of commercial uses. Its prime location ensures high visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the thriving Heath market. The expansive paved area provides ample parking for customers and employees. A notable feature is the convenient right-of-way at the rear of the property, offering access behind the adjacent Arby's restaurant. This access point adds to the property's versatility and potential for expansion or modification to suit specific business needs. The property's history as a successful automotive center demonstrates its suitability for similar ventures, while its adaptable layout allows for a wide range of alternative commercial applications. The asking price is $750,000. This is a rare chance to acquire a well-located, adaptable commercial property with significant potential for growth and return on investment in a dynamic business environment. The property's size and location make it an ideal candidate for redevelopment or repurposing to meet the demands of a modern commercial landscape.
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.