550 Hebron Rd Heath, OH 43056
Property profile & analytics
550 Hebron Rd Heath, OH 43056
- Automotive properties
- 4,860 SF
- 0.67 lot acres
Property ID
US66-6206262
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Automotive properties
Property Details for 550 Hebron Rd
- Year built
- 1962
- Lot size
- 0.67 lot acres
- Property size
- 4,860 SF
- Property type
- Automotive properties
- APN
- 030-088452-00.000
- APU
- 3008845200000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $511,000
- AI Estimate
- $503,000
Market price range: $149k - $601kMarket price range: $207k - $601k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $390,000 Current use
- OFFICE BUILDING
- $485,000 Change: +26% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $385,000 Change: -1% Conversion: Moderate
- RETAIL STORES
- $355,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Heath
- County
- Licking
- State
- Ohio
- Longitude
- -82.4295
- Latitude
- 40.0372
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,556
$140,700
$108,500
$249,200
-
$402,000
$310,000
$712,000
