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    6 State Route 521 Sunbury, OH 43074

    For Sale
    $392,613

    Wooded acreage near I-71; excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10.067-acre parcel, identified as Tract 6 State Route 521 in Sunbury, Ohio (43074), presents a compelling investment opportunity. The property boasts a generous 438,649.2 square feet of mostly wooded land, offering a tranquil setting while enjoying convenient access to major transportation arteries, including Interstate 71, as well as the nearby cities of Delaware and Sunbury. The land is zoned FR-1, providing flexibility for potential development plans. Comprehensive soil tests have already been conducted and are available for review. This is a newly subdivided lot, therefore property taxes are yet to be determined. Access to Delco Water is a possibility, contingent upon the sale of two additional lots and the purchase of two water taps. Importantly, there are no deed restrictions beyond those imposed by township zoning regulations, offering considerable freedom for future development. This property represents a unique chance to acquire a sizable, well-located tract of land with significant potential.

    Property Features for 6 State Route 521

    General Information

    Property type
    Land

    HighLights

    • $392,613 asking price for 10.067 acres of land.
    • FR‑1 zoning.
    • 438,649.2 sq ft lot size.
    • Convenient access to Delaware, Sunbury, and I‑71.
    • Soil tests completed and available.
    • Taxes to be determined.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Gym & Fitness Auto Parts Store Department Store Kitchen & Bath Grocery Store Computer & Electronic Repair Bakery Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunbury
    County
    Delaware
    State
    Ohio
    Longitude
    -82.8640623
    Latitude
    40.2928127

    Nearby Comparable

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    Nearby Similar for Sale

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      36,821 SF

      Sunbury Industrial Warehouse on 3.44 Acres

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    • $3,000,000

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    FAQs

    What type of property is this?
    Land - Wooded acreage near I-71; excellent development potential.
    Where is this land located?
    The property is located at 6 State Route 521 Sunbury, OH.
    What is the asking price?
    The asking price for this property is $392,613.
    What are key features of this property?
    This property features: $392,613 asking price for 10.067 acres of land.; FR-1 zoning.; 438,649.2 sq ft lot size.
    Request Owner's contact information
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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
    6 State Route 521 Sunbury, OH 43074
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