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    Groves Rd Columbus, OH 43232

    Sponsored
    For Sale
    $44,000

    Double lot, 6,534 sq ft, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,534 square foot double lot, located at 0 Groves Road in Columbus, Ohio, presents a unique opportunity for residential development. Situated in a private neighborhood with no HOA fees, this flat, dry land boasts mature trees and excellent upkeep. The property's convenient location offers easy access to major roadways including Highways 104, 70, and 270, ensuring seamless commutes. Public utilities are readily available, simplifying the construction process. The asking price for this desirable parcel is $44,000. This property is designated as an Opportunity Zone, potentially offering significant tax advantages for qualified investors. The expansive lot size provides ample space to design and build a custom home tailored to your specific needs and preferences. Don't miss this chance to create your ideal residence in a sought-after Columbus neighborhood. The zip code is 43232, and the property is located in Franklin County.

    Property Features for 0 Groves Rd

    General Information

    Property type
    Land

    HighLights

    • 6,534 SF double lot in Columbus, OH, ideal for residential development.
    • Located on Groves Road in a private neighborhood with no HOA fees.
    • Flat, dry land with mature trees, easy access to Highways 104, 70, and 270.
    • Public utilities available; asking price: $44,000.
    • Designated Opportunity Zone; zip code 43232, Franklin County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.881509
    Latitude
    39.9303264

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    FAQs

    What type of property is this?
    Land - Double lot, 6,534 sq ft, prime location.
    Where is this land located?
    The property is located at Groves Rd Columbus, OH.
    What is the asking price?
    The asking price for this property is $44,000.
    What are key features of this property?
    This property features: 6,534 SF double lot in Columbus, OH, ideal for residential development.; Located on Groves Road in a private neighborhood with no HOA fees.; Flat, dry land with mature trees, easy access to Highways 104, 70, and 270.
    Request Owner's contact information
    Groves Rd Columbus, OH 43232
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    Columbus, OH 43232
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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
    Groves Rd Columbus, OH 43232
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