Listed by Howard Hanna Real Estate Services
$3,600,000
7233 National Rd. SE
Details
Property Type Land
Sub Type Farm, Hunting/Recreational
Acreage 71.910
Zoning Residential District
Land | 71.91 acres
Marketing description
7233 National Rd. is an exceptional nearly 72-acre equestrian estate offering both a remarkable luxury residence and significant income potential. Located in Licking Township, approximately 30 minutes east of downtown Columbus and near Buckeye Lake, the property benefits from no local municipal income tax.
This equestrian facility includes a 7,680SF Stable with 54 stalls, a one-of-a-kind scenic training track encircling a scenic pond, and 10 pastures. The estate includes two residences: an expansive 8,100 SF primary home and a 2,822 SF secondary home ideal for barn staff, a trainer, multigenerational living, or additional rental income
This property presents substantial upside for an operator seeking to maximize revenue. The current owner utilized the facility primarily for personal horses and to offset expenses rather than as a profit-optimized business. A new owner may continue that model or strategically expand operations to unlock meaningful income growth.
Current stall rent averages $216 per stall. Comparable self-care facilities in the area generate between $300–$450 per stall per month. These rates could be achieved without significant capital improvements or operational restructuring.
The 7,680 SF stable includes 54 total stalls, with 27 currently occupied and 5 additional commitments beginning in April demonstrating active demand and immediate revenue growth.
While the infrastructure is currently configured for racehorses, repositioning the facility to serve a broader equestrian market would further expand revenue opportunities. Enhancements such as partial or full-service boarding, riding arenas, and lesson programs could support board rates in the $600–$1,000 per month range, not including revenue generated from the lesson program income.
Equipment totaling approximately $175,000.00 in value is included in the purchase price of $3,600,000. A full list of equipment included will be provided upon request.
Investment highlights
- 54 Stalls 27 Rented
- One of a Kind Training Track
- 2 Homes on Property
- 2 Parcels Totaling 71 Acres
- Large Recreational Pond
- Room for Board Growth
- Price: $3,600,000
- Municipality: Licking Township
- County: Licking County
- Building Size: 8,100 Sqft Primary Home | 2,822 Sqft Additional Home | 7,686 Sqft Stable
- Lot Size: 71.91 Acres
- Year Built: 1996
- Zoning: Residential District
- Annual Taxes: $9,142
Listing Contacts
Listed by Howard Hanna Real Estate Services
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