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    Weldon Rd Plain City, OH 43064

    Sponsored
    For Sale
    $9,601,750

    38 Acres, Residential Zoning, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38.41-acre property located at 0 Weldon Road, Plain City, Ohio, presents a significant development opportunity. Currently zoned residential, this land offers immense potential for a variety of uses, including mixed-use, office, commercial, or multi-family projects. The asking price is $9,601,750, translating to approximately $250,000 per acre. Situated in Madison County, Ohio, with a 43064 zip code, the property boasts a convenient location. The expansive lot size provides ample space for large-scale development. The property's APN numbers are 271-000014

    Property Features for 0 Weldon Rd

    General Information

    Property type
    Farms
    Lot Size
    1,673,140 SF

    HighLights

    • 38.41‑acre development site in Plain City, OH.
    • Zoned residential, allowing for mixed‑use, office, commercial, or multi‑family development.
    • Asking price: $9,601,750 ($250,000/acre).
    • Located in Madison County, OH (zip code 43064).
    • APN: 271‑000014.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plain City
    County
    Madison
    State
    Ohio
    Longitude
    -83.1886365
    Latitude
    40.116099

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    FAQs

    What type of property is this?
    Farm - 38 Acres, Residential Zoning, High Potential
    Where is this farm located?
    The property is located at Weldon Rd Plain City, OH.
    What is the asking price?
    The asking price for this property is $9,601,750.
    What are key features of this property?
    This property features: 38.41-acre development site in Plain City, OH.; Zoned residential, allowing for mixed-use, office, commercial, or multi-family development.; Asking price: $9,601,750 ($250,000/acre).
    Request Owner's contact information
    Weldon Rd Plain City, OH 43064
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    Plain City, OH 43064
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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
    Weldon Rd Plain City, OH 43064
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