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    Gorsuch Rd Galena, OH 43021

    For Sale
    $249,000

    2.52-Acre Buildable Lot, Great Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 109,771.2 square foot lot presents a unique opportunity to build your dream home in a tranquil yet conveniently located setting. Situated in Galena, Ohio, this 2.52-acre parcel boasts a tree line along its western border, offering natural privacy and beauty. The property's prime location provides easy access to major employment centers, including Intel (8 miles away), and is adjacent to Westerville, with New Albany and Sunbury just minutes away. Outdoor enthusiasts will appreciate the proximity to Hoover Reservoir, offering opportunities for sailing, fishing, kayaking, and hiking. Boat and sailing clubs are also nearby, and a boat/kayak launch point at the Gertrude S. Lawrence Woods Hoover Nature Preserve is only 3 miles from the property. Utilities are readily available, with Delco water, AEP electric, and Spectrum cable accessible at the street. The property is served by the highly-regarded Big Walnut Schools, making it an ideal location for families. This is a rare opportunity to acquire a sizable, buildable lot in a desirable area, combining the peace of the countryside with the convenience of nearby amenities and employment opportunities. The asking price for this exceptional property is $249,000. Don't miss out on this chance to build your dream home in this sought-after location.

    Property Features for 0 Gorsuch Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Galena
    County
    Delaware
    State
    Ohio
    Longitude
    -82.8233732
    Latitude
    40.1513144

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    FAQs

    What type of property is this?
    Land - 2.52-Acre Buildable Lot, Great Location
    Where is this land located?
    The property is located at Gorsuch Rd Galena, OH.
    What is the asking price?
    The asking price for this property is $249,000.
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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
    Gorsuch Rd Galena, OH 43021
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