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    6515 High St Lockbourne, OH 43137

    For Sale
    $3,995,000

    13+ Acres, High St Frontage, Opportunity Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 13.1-acre commercial and farm property, located at 6515 S High St, Lockbourne, OH 43137, presents a unique investment opportunity. Boasting approximately 836 feet of road frontage on Route 23, this strategically positioned land offers significant development potential. The property consists of three parcels (APN: 150-000177, 150-000717, 150-000943, 150-001270) within Hamilton Township, providing access to readily available utilities. Multiple existing buildings are situated on the site, adding to its versatility. Its convenient location south of Scioto Downs in the Rickenbacker area, with easy access to Routes 665 and 317, enhances its appeal. The property's designation as an Opportunity Zone further amplifies its investment attractiveness. Ideal for a variety of uses, including semi-truck parking, lot storage, and retail outlots, this property offers substantial returns for the discerning investor. The asking price is $3,995,000. This prime location and flexible zoning (Commercial) make this a truly exceptional opportunity.

    Property Features for 6515 High St

    General Information

    Property type
    Farms
    Lot Size
    570,636 SF

    HighLights

    • $3,995,000 asking price for 13.1 acres of commercial/farm land.
    • Located at 6515 S High St, Lockbourne, OH 43137 (APN: 150‑000177, 150‑000717, 150‑000943, 150‑001270).
    • 836 feet of frontage on Rt. 23, situated in an Opportunity Zone.
    • Commercially zoned.
    • Suitable for semi‑truck parking, lot storage, and retail outlots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Dental Office Food Market Pharmacy Kitchen & Bath Auto Repair Shop HVAC Service Garden Center Plumbing Service Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockbourne
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0023544
    Latitude
    39.8269444

    Nearby Comparable

    • $475,500
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      Lockbourne Commercial Land - 6.1 Acres

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    Nearby Similar for Sale

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      Restaurant Space on High Street

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    • $700,000
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      Restaurant Space on High Street

      1,943 SF restaurant on 1.52 acres for sale.
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    • $700,000
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      High Street Restaurant Opportunity

      Prime 1.52-acre restaurant location
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    • $129,500
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      Lockbourne Church - $129,500

      Historic Church Building, Prime Location
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      View Details

    FAQs

    What type of property is this?
    Farm - 13+ Acres, High St Frontage, Opportunity Zone
    Where is this farm located?
    The property is located at 6515 High St Lockbourne, OH.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: $3,995,000 asking price for 13.1 acres of commercial/farm land.; Located at 6515 S High St, Lockbourne, OH 43137 (APN: 150-000177, 150-000717, 150-000943, 150-001270).; 836 feet of frontage on Rt. 23, situated in an Opportunity Zone.
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    Lockbourne, OH 43137
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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
    6515 High St Lockbourne, OH 43137
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