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720 Cross Pointe Rd

18,710 SF Industrial Building Gahanna, OH 43230 $1,400,000 ($75/SF)

Investment Highlights

  • Online Foreclosure Auction
  • See OhioSheriffSales dotcom
  • 10-23-24

Executive Summary

Online Foreclosure Auction Ending on Wed. Oct. 23 at Noon. See OhioSheriffSales dotcom for full details and to bid online. Bidding starts at $1,400,000. Gahanna Industrial Warehouse with 18,710 SF on 2 Acres. Built in 2008. Clear span height approx. 25' in the rear 11,960 SF warehouse. Close to I-270 and just East of the John Glenn Int'l Airport. Zoning is IM (Innovation and Manufacturing). Built as and currently used as a Gym and Training facility. 64 paved and marked parking spots plus a gravel parking area for larger vehicles. The furniture, fixtures and equipment currently in the property do not convey with the real estate. Men's and Women's locker rooms plus numerous offices. Gas heat and central air. 3 phase electric available. Appraised at $2,100,000.

Attachments

Flyer

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes $43,283 $2.31
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $43,283
Annual Per SF $2.31
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $43,283
Annual Per SF $2.31

Property Facts

Price $1,400,000
Price Per SF $75
Sale Type Owner User
Sale Conditions Distress Sale
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 2.07 AC
Rentable Building Area 18,710 SF
No. Stories 1
Year Built/Renovated 2008/2017
Tenancy Single
Parking Ratio 3.47/1,000 SF
Clear Ceiling Height 26 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • Fitness Center
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
025-013598
Land Assessment
$94,185 (2023)
Improvements Assessment
$427,630 (2023)
Total Assessment
$521,815 (2023)
Annual Taxes
$43,283 ($2.31/SF)
Tax Year
2024

zoning

Zoning Code IM (Innovative and Manufacturing)
IM (Innovative and Manufacturing)
  • Listing ID: 33272960

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 720 Cross Pointe Rd, Gahanna, OH 43230

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