891 Locust St Wilmington, OH 45177-2118
- Parking lots & garages
- 0.24 lot acres
Current Use by Public Records
- Gailliot Christopher MD / Internist
- Henry Christine E MD / Internist
- Internal Medicine Associates / Medical Clinic
- Imran Minhas / Internist / Doctor
- Katherine Moore / Nurse Practitioner / Registered General Nurse
Property Details for 891 Locust St
- Lot size
- 0.24 lot acres
- Property type
- Parking lots & garages
- APN
- 290-15-17-21-0000-00
- APU
- 290151721000000
Description
This exceptional commercial property, located at 891 Locust Street in Wilmington, Ohio, offers 6,033 square feet of versatile space, perfect for a variety of business ventures. The building is situated on a lot with no acreage specified. Priced competitively at $275,000, this presents a significant opportunity for investors and entrepreneurs seeking a foothold in the thriving Wilmington market. The property's substantial square footage allows for ample room for operations, storage, or expansion. Its general commercial zoning provides flexibility for a wide range of uses, subject to local regulations. The address, 891 Locust Street, offers excellent visibility and accessibility, ensuring convenient access for both employees and customers. This property is an ideal investment for those looking to establish or expand their business in a strategic location within Wilmington. The asking price reflects a compelling value proposition, making it an attractive opportunity for those seeking a strong return on investment. Further due diligence is recommended to fully assess the property's potential and suitability for specific business needs. Interested parties are encouraged to conduct their own independent inspections and research to confirm all details and ensure compliance with all applicable regulations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $215,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $200,000
- Mixed-Use
- $215,000
- Hospitality
- $230,000
- Educational
- $200,000
- Residential Income
- $210,000
- Energy
- $240,000
- Income-Based Land
- $225,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Clinton
- State
- Ohio
- Longitude
- -83.8442
- Latitude
- 39.4481
- CBSA code
- 48940
- CBSA name
- WILMINGTON, OH MICROPOLITAN STATISTICAL AREA
