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    1274 Township Road 204 Bellefontaine, OH 43311

    For Sale
    $1,300,000

    12.7 Acres, Huge Outbuilding, $1.3M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 12.7-acre property in Bellefontaine, Ohio, presents a unique investment opportunity. Located at 1274 Township Road 204, the land encompasses 553,647.6 square feet and boasts a substantial 160x60 foot outbuilding constructed in 2005. The outbuilding features seven overhead doors (six 12-foot doors and one 14-foot door), making it highly versatile. Currently configured as a body shop, it includes concrete floors, electricity, a full bathroom, and a paint booth (with supplies negotiable). A portion of the building is climate-controlled with HVAC, while the remainder benefits from overhead tube heating. The property offers scenic views, established trails, a designated camping area, and tillable ground. Note that existing farmer crop rights and possession dates are negotiable. The asking price for this expansive property is $1,300,000. This property is zoned for both commercial and residential use, providing flexibility for a variety of development options. The combination of ample land, a large and well-equipped outbuilding, and its desirable location in Logan County, Ohio (zip code 43311) makes this a truly compelling opportunity.

    Property Features for 1274 Township Road 204

    General Information

    Property type
    Land

    Building Details

    Year Built
    2005

    HighLights

    • 12.7‑acre property in Bellefontaine, OH (43311), located at 1274 Township Road 204.
    • 553,647.6 square feet of land with a 160x60 foot, 2007 outbuilding.
    • Outbuilding features seven overhead doors (six 12‑foot, one 14‑foot), concrete floors, electricity, full bath, and paint booth (supplies negotiable).
    • Partial climate control (HVAC) and overhead tube heating in outbuilding; currently configured as a body shop.
    • Scenic views, trails, camping area, and tillable land; existing crop rights negotiable.
    • $1,300,000 asking price; zoned for commercial and residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Excel Auto Body ... Auto Repair Shop

    Suggested Use

    Auto Repair Shop Kitchen & Bath Bakery Plumbing Service Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellefontaine
    County
    Logan
    State
    Ohio
    Longitude
    -83.7995203
    Latitude
    40.3452989

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    FAQs

    What type of property is this?
    Land - 12.7 Acres, Huge Outbuilding, $1.3M
    Where is this land located?
    The property is located at 1274 Township Road 204 Bellefontaine, OH.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 12.7-acre property in Bellefontaine, OH (43311), located at 1274 Township Road 204.; 553,647.6 square feet of land with a 160x60 foot, 2007 outbuilding.; Outbuilding features seven overhead doors (six 12-foot, one 14-foot), concrete floors, electricity, full bath, and paint booth (supplies negotiable).
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    Bellefontaine, OH 43311
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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
    1274 Township Road 204 Bellefontaine, OH 43311
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