733 Hebron Rd Heath, OH 43056
Property Lookup
Property profile & analytics
733 Hebron Rd Heath, OH 43056
- Commercial land
- 46,033 SF
- 2.35 lot acres
Property ID
US66-2705059
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
- Commercial land
Property Details for 733 Hebron Rd
- Lot size
- 2.35 lot acres
- Property size
- 46,033 SF
- Property type
- Commercial land
- APN
- 030-088458-00.000
- APU
- 3008845800000
Description
This exceptional investment opportunity presents a brand-new, 6,262 square foot Firestone auto shop in Heath, Ohio. Built in 2024, this single-tenant property boasts a 15-year net lease with five, five-year options, providing long-term stability and predictable cash flow. The lease includes a corporate guarantee from Bridgestone, the world's largest tire and rubber manufacturer, ensuring financial security. Located on a one-acre lot along a major retail corridor with national tenants like Walmart, Lowe's, and Target, this property benefits from high visibility and traffic. The lease features a 5% rent increase every five years, including option periods, protecting against inflation. With a strong 5.20% cap rate and a $252,998 annual net operating income (NOI), this investment offers significant returns. The property's prime location within the Columbus MSA, coupled with a high-income demographic and proximity to major roadways, ensures consistent demand and strong tenant performance. Firestone, with its A (S&P) investment-grade credit rating and over $30 billion in 2023 revenue, represents a highly creditworthy tenant. This is a rare opportunity to acquire a high-quality, net-leased property with a blue-chip tenant in a thriving retail market. The property is situated in a densely populated area with a 5-mile population of approximately 71,000 residents and an above-average annual household income of approximately $100,000. The asking price is $4,865,349, representing a price per square foot of $776.96. The lease commenced November 1, 2024, and expires November 30, 2039.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,192,000
Market price range: $1.09M - $5.30M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Heath
- County
- Licking
- State
- Ohio
- Longitude
- -82.4376
- Latitude
- 40.0327
- 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
$31,465
$400,960
$0.00
$400,960
-
$1,145,600
$0.00
$1,145,600
