7233 National Rd - 54 Stall Horse Farm on Almost 72 Acres! 7,686 SF Sports & Entertainment Building Offered at $5,008,644 CAD in Thornville, OH 43076

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 race 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 totalling 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.