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    Jeff Kiousville Rd West Jefferson, OH 43162

    For Sale
    $3,200,000

    140-unit condo development, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2,193,681.6 square foot land parcel in West Jefferson, Ohio, presents a turnkey opportunity for developers. Located at 0 W Jeff Kiousville Road, 43162, this property is ideally situated just minutes from Downtown Columbus and within the highly-rated Jefferson School District. The land is already rezoned and has received city approval for the construction of 140 freestanding condominiums. All necessary documentation to commence construction is included in the sale, eliminating significant upfront planning and permitting hurdles. This comprehensive package includes detailed site plans and blueprints, streamlining the development process and minimizing potential delays. The asking price for this exceptional development opportunity is $3,200,000. This prime location in the rapidly appreciating West Jefferson area offers significant potential for substantial returns on investment. The expansive lot size provides ample space for the planned condominium development, ensuring a comfortable and spacious living environment for future residents. Don't miss this chance to acquire a fully prepared development site ready for immediate action.

    Property Features for 0 Jeff Kiousville Rd

    General Information

    Property type
    Land

    HighLights

    • 2,193,681.6 sq ft land parcel in West Jefferson, OH, ready for immediate development.
    • Located at 0 W Jeff Kiousville Road, 43162, minutes from Downtown Columbus.
    • Zoned and approved for 140 freestanding condominiums; all necessary construction documents included.
    • Asking price: $3,200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Jefferson
    County
    Madison
    State
    Ohio
    Longitude
    -83.3148018
    Latitude
    39.9322799

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    FAQs

    What type of property is this?
    Land - 140-unit condo development, ready to build.
    Where is this land located?
    The property is located at Jeff Kiousville Rd West Jefferson, OH.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 2,193,681.6 sq ft land parcel in West Jefferson, OH, ready for immediate development.; Located at 0 W Jeff Kiousville Road, 43162, minutes from Downtown Columbus.; Zoned and approved for 140 freestanding condominiums; all necessary construction documents included.
    (614) 935-9075
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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
    Jeff Kiousville Rd West Jefferson, OH 43162
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