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    National Rd Etna, OH 43062

    For Sale
    $2,000,000

    6.57 Acres, US-40 Frontage, $2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6.57-acre commercial land parcel, located at 0 National Rd SW, Etna, OH 43062 (APN: 010-018606-00.000), presents a remarkable opportunity for retail development. Zoned General Business District (GB1) in Etna Township, Licking County, this property boasts over 2,200 feet of high-visibility frontage on National Road/US-40. Currently featuring an existing building suitable for demolition, the site offers immediate development potential. All utilities are on-site or readily accessible, accommodating a variety of uses including retail, service stations, offices, and self-storage facilities. Its strategic location less than 1.5 miles from the I-70/OH-310 Interchange ensures excellent accessibility. Furthermore, its proximity to the new Watkins Memorial High School campus and numerous major distribution centers, such as Amazon, FedEx, Ashley Furniture, and Kohls, significantly enhances its appeal and potential for diverse commercial ventures. The asking price is $2,000,000.

    Property Features for 0 National Rd

    General Information

    Property type
    Land
    Lot Size
    286,189 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Etna
    County
    Licking
    State
    Ohio
    Longitude
    -82.6238054
    Latitude
    39.9583601

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 6.57 Acres, US-40 Frontage, $2M
    Where is this land located?
    The property is located at National Rd Etna, OH.
    What is the asking price?
    The asking price for this property is $2,000,000.
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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
    National Rd Etna, OH 43062
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