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    Groves Rd Columbus, OH 43232

    For Sale
    Contact for pricing

    Prime Columbus lot, 3,049 sq ft, Opportunity Zone.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3,049.2 square foot lot in Columbus, Ohio, presents a unique opportunity to build your dream home. Located in a private neighborhood with no HOA fees, this flat, dry land boasts mature trees and excellent upkeep. The property is conveniently situated near major roadways, including easy access to highways 104, 70, and 270, ensuring a seamless commute. Public utilities are readily available, providing convenience and ease of construction. This property is designated as an Opportunity Zone, potentially offering significant tax advantages. The land is ready for development, however, a survey is the responsibility of the buyer. This is an ideal location for those seeking a peaceful residential setting with convenient access to major transportation routes and the potential benefits of an Opportunity Zone designation. The address is 0 Groves Road, Columbus, OH 43232. The asking price for this remarkable property is $22,000.

    Property Features for 0 Groves Rd

    General Information

    Property type
    Land

    HighLights

    • $22,000 asking price for this land parcel.
    • 3,049.2 square foot lot.
    • Located at 0 Groves Road, Columbus, OH 43232.
    • Flat, dry land with mature trees in a private neighborhood with no HOA.
    • Opportunity Zone designation.
    • Easy access to Highways 104, 70, and 270.
    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 - Prime Columbus lot, 3,049 sq ft, Opportunity Zone.
    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 $22,000.
    What are key features of this property?
    This property features: $22,000 asking price for this land parcel.; 3,049.2 square foot lot.; Located at 0 Groves Road, Columbus, OH 43232.
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    Groves Rd 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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