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    1200 Claycraft Rd Gahanna, OH 43230

    Sponsored
    For Sale
    $249,000

    Prime Gahanna land, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, located at 1200 Claycraft Rd in Gahanna, Ohio (zip code 43230), presents a unique development opportunity. The property encompasses 2 to 19 acres, offering flexibility for a range of commercial projects. Priced at $249,000, with a land value of $175,000 per acre, this site boasts minimal land-use restrictions, making it highly attractive to developers. Situated in a thriving business community, the location is strategically positioned for easy access to major transportation arteries, including I-270, I-670, and I-70. The property features existing infrastructure, including water, sewer, and gas lines, simplifying the development process. Potential tax incentives may further enhance the investment appeal. The site allows for a high building coverage ratio. Beyond the practical advantages, the property offers a unique setting with scenic views of a golf course and a wooded ravine, complemented by nearby bike and walking paths and conservation areas. This combination of prime location, infrastructure, and attractive surroundings makes this a truly exceptional commercial land opportunity.

    Property Features for 1200 Claycraft Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • New infrastructure and developed site.
    • Utilities available: water, sewer, and gas.
    • Potential tax incentives available.
    • High building‑to‑land ratio permitted.
    • Excellent freeway access via I‑270, I‑670, and I‑70.
    • Scenic setting with golf course, wooded ravine views, and recreational trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gahanna
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8442298
    Latitude
    39.992687

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    FAQs

    What type of property is this?
    Land - Prime Gahanna land, ideal for various uses.
    Where is this land located?
    The property is located at 1200 Claycraft Rd Gahanna, OH.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: New infrastructure and developed site.; Utilities available: water, sewer, and gas.; Potential tax incentives available.
    Request Owner's contact information
    1200 Claycraft Rd Gahanna, OH 43230
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    Gahanna, OH 43230
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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
    1200 Claycraft Rd Gahanna, OH 43230
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