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Property profile & analytics
OFF-MARKET
Turn key restaurants

6515 High St Lockbourne, OH 43137-9701

3,652 SF 1.92 ac lot Built 1950
Entity Owned 24-yr Hold Free & Clear
Property ID
US66-1827734
Property summary
AI-generated overview

This exceptional 13.1-acre commercial and farm property, located at 6515 S High St, Lockbourne, OH 43137, presents a unique investment opportunity. Boasting approximately 836 feet of road frontage on Route 23, this strategically positioned land offers significant development potential. The property consists of three parcels (APN: 150-000177, 150-000717, 150-000943, 150-001270) within Hamilton Township, providing access to readily available utilities. Multiple existing buildings are situated on the site, adding to its versatility. Its convenient location south of Scioto Downs in the Rickenbacker area, with easy access to Routes 665 and 317, enhances its appeal. The property's designation as an Opportunity Zone further amplifies its investment attractiveness. Ideal for a variety of uses, including semi-truck parking, lot storage, and retail outlots, this property offers substantial returns for the discerning investor. The asking price is $3,995,000. This prime location and flexible zoning (Commercial) make this a truly exceptional opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 3,652 SF
Lot 1.92 ac (83,548 SF)
APN 150-000177
UPID US66-1827734
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tnc Construction INC · 24 yrs held
Tnc Construction INC
since 2002
2 recorded transactions
2002
$405,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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