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    4595-4595 State Rte, Unit 762 Lockbourne, OH

    For Sale
    $1,900,000

    2.038 acres at signalized intersection near Rickenbacker Inland Port.

    Lot size:
    3.84 Acres

    Property Features for 4595-4595 State Rte

    General Information

    Lot size
    3.84 Acres

    Source: Commercial One Realty, Inc. Agent Bill Hamilton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Property in Growing Area

    This corner property totals 2.038 acres and is located at a signalized intersection in Commercial Point/Lockbourne, Ohio. The area is experiencing growth and is considered to be in the path of progress. Currently zoned R-1 (Residential) in Scioto Township, the zoning could be changed to PB (Planned Business District). The sellers will cooperate with the buyer's zoning and annexation efforts. Rickenbacker Inland Port (International Airport & Intermodal Rail Terminal) is located 5 minutes to the East on SR 762. There are many current industrial and residential developments in the immediate area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lockbourne
    County
    Warren
    State
    Ohio
    Longitude
    -84.2116492
    Latitude
    39.3216972

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    FAQs

    What type of property is this?
    Land - 2.038 acres at signalized intersection near Rickenbacker Inland Port.
    Where is this land located?
    The property is located at 4595-4595 State Rte, Unit 762 Lockbourne, OH.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - 2.038 acre corner property at signalized intersection.; - Located in high-growth area ('path-of-progress').; - Potential for zoning change to planned business district (PB).
    (614) 395-4098
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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
    4595-4595 State Rte, Unit 762 Lockbourne, OH
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