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    Rankin Ave Columbus, OH 43219

    Sponsored
    For Sale
    $125,000

    30,927 sq ft Commercial/Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 30,927 square foot land parcel presents a remarkable investment opportunity in the heart of Franklin County, Ohio. Located at 0 Rankin Avenue, Columbus, OH 43219, this property offers unparalleled versatility. Currently zoned R-2, the site is ideally suited for a diverse range of development projects. Envision a thriving daycare center, a modern new construction residential development, a much-needed school, a nurturing nursery, or a peaceful religious facility. The expansive lot size also allows for the possibility of a lot split, subject to necessary approvals. This prime location in Columbus offers easy access to major transportation routes, amenities, and a growing community. The asking price for this exceptional land is $125,000. Don't miss this chance to acquire a highly desirable property with significant potential for future growth and return on investment. The property's latitude and longitude coordinates are 40.0107065 and -82.9544885 respectively. Serious inquiries are encouraged to explore the possibilities this unique land offering presents. The property is classified as both commercial and residential land.

    Property Features for 0 Rankin Ave

    General Information

    Property type
    Land

    HighLights

    • 30,927 SF land parcel in Columbus, OH.
    • Located at 0 Rankin Avenue, Columbus, OH 43219.
    • R‑2 zoning allows for diverse development (residential, daycare, school, etc.).
    • $125,000 asking price.
    • Prime location with easy access to transportation and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9544885
    Latitude
    40.0107065

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    FAQs

    What type of property is this?
    Land - 30,927 sq ft Commercial/Residential Land
    Where is this land located?
    The property is located at Rankin Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 30,927 SF land parcel in Columbus, OH.; Located at 0 Rankin Avenue, Columbus, OH 43219.; R-2 zoning allows for diverse development (residential, daycare, school, etc.).
    Request Owner's contact information
    Rankin Ave Columbus, OH 43219
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    Columbus, OH 43219
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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
    Rankin Ave Columbus, OH 43219
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