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    Madison Township Saltzgaber Rd & Groveport Rd Groveport, OH 43125

    Sponsored
    For Sale
    Contact for pricing

    2.95 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.95-acre commercial land parcel is strategically located at the intersection of Saltzgaber Road and Groveport Road in Franklin County, Ohio, zip code 43125. Situated in Madison Township, this property offers significant development potential due to its prime location within a rapidly expanding industrial hub. The area boasts over 67 million square feet of existing industrial space and over 40,000 employees within a 5-mile radius, including major companies such as DHL, Gap, Sam's Club, Prologis, and Cardinal Health. The property's proximity to Rickenbacker International Airport (4.8 miles), a significant cargo and limited commercial airport, further enhances its appeal. The parcel is well-suited for multiple uses, potentially allowing for division into two separate lots. The City of Groveport offers an attractive 15-year, 100% tax abatement, making this an exceptional investment opportunity. The property is currently co-tenanted with industrial users to the rear. This property is available for sale or lease, with options including ground lease or build-to-suit arrangements. The continued growth of the nearby industrial park ensures long-term value and potential for significant returns. Contact for pricing and further details.

    Property Features for Madison Township Saltzgaber Rd & Groveport Rd

    General Information

    Property type
    Land
    Lot Size
    128,502 SF

    HighLights

    • Excellent co‑tenancy with rear industrial users.
    • 15‑year, 100% city tax abatement.
    • Highly versatile parcel, suitable for division into two lots.
    • Strong growth trajectory in the adjacent industrial park.
    • Over 67 million square feet of industrial space in nearby Obetz & Groveport.
    • Flexible transaction options: sale, lease, ground lease, or build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Groveport
    County
    Franklin
    State
    Ohio
    Longitude
    -82.90796268
    Latitude
    39.85839174

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    FAQs

    What type of property is this?
    Land - 2.95 Acres, Prime Location
    Where is this land located?
    The property is located at Madison Township Saltzgaber Rd & Groveport Rd Groveport, OH.
    What are key features of this property?
    This property features: Excellent co-tenancy with rear industrial users.; 15-year, 100% city tax abatement.; Highly versatile parcel, suitable for division into two lots.
    (614) 410-5617
    Request Owner's contact information
    Madison Township Saltzgaber Rd & Groveport Rd 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
    Madison Township Saltzgaber Rd & Groveport Rd Groveport, OH 43125
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