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    Rickenbacker Gtwy Groveport Rd Obetz, OH 43207

    For Sale
    Contact for pricing

    Prime Ohio Commercial Land, I-270 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 12-acre commercial land parcel presents a unique investment opportunity in Obetz, Ohio, strategically located off I-270 along the Alum Creek Corridor, serving as a gateway to the thriving Rickenbacker Industrial Market. The site boasts multiple access points, enhanced by a planned traffic light at the intersection of Alum Creek and Rathmell Road, ensuring excellent visibility and convenient ingress/egress. The property benefits from its proximity to a substantial labor pool, a key advantage for businesses in distribution, e-commerce, and warehouse operations. The Rickenbacker submarket, one of the largest in Columbus, currently lacks sufficient retail and service industry options, creating significant potential for future development. This site is ready for development, featuring existing utilities and infrastructure upgrades, including the planned traffic signal. Adding to its appeal is the presence of a nearby public park with walking trails, enhancing the overall desirability of the location. The property's address is Rickenbacker Gateway Groveport Rd, Obetz, OH 43207, within Franklin County. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing market. The site's location and infrastructure make it ideal for a variety of commercial uses.

    Property Features for 0 Rickenbacker Gtwy Groveport Rd

    General Information

    Property type
    Land
    Lot Size
    522,720 SF

    HighLights

    • Major infrastructure improvements recently completed.
    • New traffic signal installed at the intersection of Rathmell Road and Alum Creek Drive, improving accessibility.
    • All necessary utilities are available on‑site.
    • Adjacent public park features walking trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Obetz
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9518983
    Latitude
    39.8833795

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    FAQs

    What type of property is this?
    Land - Prime Ohio Commercial Land, I-270 Access
    Where is this land located?
    The property is located at Rickenbacker Gtwy Groveport Rd Obetz, OH.
    What are key features of this property?
    This property features: Major infrastructure improvements recently completed.; New traffic signal installed at the intersection of Rathmell Road and Alum Creek Drive, improving accessibility.; All necessary utilities are available on-site.
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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
    Rickenbacker Gtwy Groveport Rd Obetz, OH 43207
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