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Property profile & analytics
OFF-MARKET Estimated value $570,000
Car washes

60 Rosehill Rd Reynoldsburg, OH 43068-4333

3,596 SF 0.92 ac lot Built 2000
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-2583305
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 2000
Total area 3,596 SF
Lot 0.92 ac (40,075 SF)
APN 010-241337
UPID US66-2583305
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$742k
Blend (final) Blend
$570k
Owner & transaction history
Preferred Choice Investments I LLC · 3 yrs held
Preferred Choice Investments I LLC
since 2023
Last sale
$575,000
4 recorded transactions
2023
$575,000
2003
$825,000
2000
$197,500
1999
$197,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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