60 Rosehill Rd Reynoldsburg, OH 43068-4333
- Car washes
- 3,596 SF
- 0.92 lot acres
Current Use by Public Records
- Car washes
Property Details for 60 Rosehill Rd
- Year built
- 2000
- Lot size
- 0.92 lot acres
- Property size
- 3,596 SF
- Property type
- Car washes
- APN
- 010-241337
- APU
- 10241337
Description
This exceptional 3,596 square foot special purpose property, located at 60 Rosehill Road, presents a unique investment opportunity. Situated at a busy intersection of Broad Street and Rosehill Road in the Reynoldsburg/Blacklick area, this former three-bay car wash boasts an advantageous location within a thriving shopping center. 2024 data reveals an annual average daily traffic count exceeding 50,000 vehicles, ensuring high visibility and accessibility. The property sits on a 0.92-acre lot and includes 16 parking spaces, providing ample convenience for customers and employees. Recent upgrades include the installation of new, high-quality garage doors, making it ready for immediate occupancy. Previous plans for conversion into an auto tinting business are available for review. The property's versatility allows for a wide range of potential uses, making it an attractive option for various businesses. The owner is open to considering offers for purchase, trade, or lease. Lease terms are available on a Net, Net, Net (NNN) basis at $22 per square foot for a five-year lease with an option to renew. The property's APN is 010-241337. This is a rare opportunity to acquire a well-located commercial property in a high-traffic area with significant potential for growth and return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $565,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $610,000
- 6.5%
- $575,000
- 7%
- $585,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $620,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $685,000
- Retail
- $515,000
- Mixed-Use
- $695,000
- Hospitality
- $610,000
- Educational
- $565,000
- Residential Income
- $565,000
- Energy
- $645,000
- Income-Based Land
- $640,000
- Food Service
- $530,000
Location Insight
- Map
- Local Demand
- City
- Reynoldsburg
- County
- Franklin
- State
- Ohio
- Longitude
- -82.8227
- Latitude
- 39.9805
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA