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    13155 Us-23 Ashville, OH 43103

    Sponsored
    For Sale
    $14,000,000

    Prime Ohio land, multiple buildings, high potential.

    Property size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 334-acre property in Ashville, Ohio, presents a unique investment opportunity. Located at 13155 US-23, Pickaway County, this mixed-use land boasts significant road frontage on US-23 and approximately 6,300 feet of Scioto River frontage. The property includes approximately 25,038 square feet of improvements, encompassing eleven buildings constructed in 2007. This includes three residential buildings, a small office building, and six industrial spaces. Currently, the property has an 80% occupancy rate with four residential tenants and agricultural land leased to a farmer. The property is zoned (101) A - CASH GRAIN OR GENERAL FARM, Commercial, offering flexibility for various uses. Approximately 200 acres are situated outside the floodplain, making it highly attractive for development. The property's strategic location, just north of South Bloomfield and 25 minutes south of downtown Columbus, offers easy access to a growing residential market and strong labor pool. Additional benefits include proximity to a new Ohio Department of Transportation rest stop and sewer access nearby. This expansive property presents tremendous retail potential and is ideally suited for a multitude of uses, capitalizing on its size, location, and existing infrastructure. The asking price is $14,000,000. The property's APN is D140001018200, D1400010018100. The zip code is 43103.

    Property Features for 13155 Us-23

    General Information

    Property type
    Multifamily properties
    Square Feet
    25,000 SF
    Class
    C
    Lot Size
    14,549,040 SF

    Building Details

    Year Built
    2007
    Buildings
    11
    Stories
    2
    Units
    11

    HighLights

    • 334‑acre site in South Bloomfield.
    • 25,038 SF of existing buildings.
    • Excellent retail development potential.
    • Located in rapidly growing Pickaway County.
    • Adjacent to a new Ohio Department of Transportation rest area.
    • Sewer access readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ashville
    County
    Pickaway
    State
    Ohio
    Longitude
    -82.9286428
    Latitude
    39.704442

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    FAQs

    What type of property is this?
    Multifamily property - Prime Ohio land, multiple buildings, high potential.
    Where is this multifamily property located?
    The property is located at 13155 Us-23 Ashville, OH.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: 334-acre site in South Bloomfield.; 25,038 SF of existing buildings.; Excellent retail development potential.
    Request Owner's contact information
    13155 Us-23 Ashville, OH 43103
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    Ashville, OH 43103
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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
    13155 Us-23 Ashville, OH 43103
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