7400 State Rte 515 Millersburg, OH 44654-8809
- Showrooms
- 3,208 SF
- 1.13 lot acres
Current Use by Public Records
- Showrooms
Property Details for 7400 State Rte 515
- Year built
- 1975
- Lot size
- 1.13 lot acres
- Property size
- 3,208 SF
- Property type
- Showrooms
- APN
- 15-00394-000
- APU
- 1500394000
Property Overview
Located on a corner lot with access to State Route 515 and US Route 62, this property offers potential for retail, office, food service, gas station, shipping, or mixed-use development. The office building includes multiple private offices, a 30x34 square foot showroom, conference room, reception area, storage, kitchen area, and break room. A former residence has been converted to commercial space. The upper level features three additional private offices and a full bathroom. A detached 24x40 pole building includes a 16x12 garage bay, private office space with heating and cooling, and room for warehouse, storage, or light industrial use. Cat 6 wiring and camera system wiring are present, and there is LED lighting throughout. Access-controlled doors provide added security. Kitchen appliances are included. The property has public water and a septic system; public sewer is available. Three-phase electric is nearby. The property is situated on 1.131 acres.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $245,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $250,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $220,000
- Mixed-Use
- $210,000
- Hospitality
- $265,000
- Educational
- $270,000
- Residential Income
- $245,000
- Energy
- $245,000
- Income-Based Land
- $215,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Millersburg
- County
- Holmes
- State
- Ohio
- Longitude
- -81.707
- Latitude
- 40.6099
