6217 Africa Rd Galena, OH 43021
This exceptional 35.71-acre parcel presents a remarkable opportunity for developers seeking a prime location for mixed-use or Planned Unit Development (PUD) projects. Strategically situated near the future intersection of Big Walnut Road and Interstate 71 in Galena, Ohio, this property offers unparalleled access and visibility. The expansive acreage allows for a wide range of development possibilities, catering to diverse commercial needs. Its proximity to the major I-71 interchange ensures high traffic volume and convenient access for businesses and residents alike. This location is poised for significant growth and presents a unique chance to capitalize on the area's expanding commercial landscape. The property's size and strategic location make it ideal for a variety of commercial ventures, from retail and office spaces to residential developments. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial tract of land in a rapidly developing area with excellent potential for substantial return on investment. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth corridor. Serious inquiries only. The asking price is $4,999,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.