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    6217 Africa Rd Galena, OH 43021

    For Sale
    $4,999,000

    Prime 35-acre commercial site near I-71.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    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.

    Property Features for 6217 Africa Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    1,555,528 SF

    Building Details

    Year Built
    1928
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Spa & Massage Clothing Store Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath Daycare Center Food Market Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galena
    County
    Delaware
    State
    Ohio
    Longitude
    -82.95525
    Latitude
    40.17897

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    FAQs

    What type of property is this?
    Mixed-use property - Prime 35-acre commercial site near I-71.
    Where is this mixed-use property located?
    The property is located at 6217 Africa Rd Galena, OH.
    What is the asking price?
    The asking price for this property is $4,999,000.
    (614) 932-2000
    Request Owner's contact information
    6217 Africa Rd Galena, OH 43021
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    Galena, OH 43021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6217 Africa Rd Galena, OH 43021
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