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    2166 London Groveport Rd Groveport, OH 43125

    Sponsored
    For Sale
    $2,500,000

    High-growth area, vacant storefront, 3,689 sq ft.

    Property size:
    3,689 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,689 square foot vacant storefront, located at 2166 London Groveport Rd in Groveport, Ohio, presents a compelling commercial development opportunity. Priced at $2,500,000 ($338.85/sq ft), this property boasts a prime corner lot position within the high-growth Rickenbacker Airport area. Its strategic location offers unparalleled visibility and accessibility, making it ideal for a variety of retail uses. The property is situated in close proximity to a thriving logistics park, with numerous warehouse operations within walking distance. This advantageous location within the Rickenbacker Enterprise Trade Zone further enhances its investment potential. The property's vacant status allows for complete customization and immediate occupancy, providing flexibility for prospective tenants or owners. The Franklin County location, with zip code 43125, offers easy access to major transportation routes and a robust local economy. The property's APN is 234997. This is a rare opportunity to acquire a high-exposure retail space in a rapidly developing area with significant potential for future growth and return on investment.

    Property Features for 2166 London Groveport Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,689 SF

    HighLights

    • 3,689 SF vacant storefront in Groveport, OH.
    • $2,500,000 purchase price ($338.85/SF).
    • Prime corner lot in high‑growth Rickenbacker Airport area.
    • Excellent visibility and accessibility for retail uses.
    • Near thriving logistics park and Rickenbacker Enterprise Trade Zone.
    • Immediate occupancy and customization options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Groveport
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9824121
    Latitude
    39.8000052

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    FAQs

    What type of property is this?
    Individual retail property - High-growth area, vacant storefront, 3,689 sq ft.
    Where is this individual retail property located?
    The property is located at 2166 London Groveport Rd Groveport, OH.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 3,689 SF vacant storefront in Groveport, OH.; $2,500,000 purchase price ($338.85/SF).; Prime corner lot in high-growth Rickenbacker Airport area.
    Request Owner's contact information
    2166 London Groveport Rd Groveport, OH 43125
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    Groveport, OH 43125
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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
    2166 London Groveport Rd Groveport, OH 43125
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