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    7800 Rickard Rd Plain City, OH 43064

    For Sale
    $1,825,600

    13-acre commercial lot, high visibility, potential tax abatement.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 13.044-acre commercial land parcel presents a compelling investment opportunity in Plain City, Ohio. Strategically located at the gateway to the city, the property boasts significant road frontage along Route 42 North and Rickard Road, ensuring excellent visibility and accessibility. The expansive lot size of 568,022.4 square feet offers considerable development potential for a wide range of commercial ventures. Its corner location provides ample space for building design and maximizes exposure to high traffic areas. The property's prime location offers easy access to major transportation routes, enhancing its appeal to businesses seeking convenient logistics. Further enhancing its value, the property may be eligible for a tax abatement; detailed information is available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Ohio community with excellent visibility and potential for significant return on investment. The address is 7800 Rickard Road, Plain City, OH 43064.

    Property Features for 7800 Rickard Rd

    General Information

    Property type
    Land

    HighLights

    • Asking Price: $1,825,600
    • Property Type: Land
    • Lot Size: 13.04 acres (568,022.4 sq ft)
    • Location: 7800 Rickard Road, Plain City, OH 43064
    • High Visibility Corner Lot with excellent road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Plain City
    County
    Union
    State
    Ohio
    Longitude
    -83.2679868
    Latitude
    40.1233983

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    FAQs

    What type of property is this?
    Land - 13-acre commercial lot, high visibility, potential tax abatement.
    Where is this land located?
    The property is located at 7800 Rickard Rd Plain City, OH.
    What is the asking price?
    The asking price for this property is $1,825,600.
    What are key features of this property?
    This property features: Asking Price: $1,825,600; Property Type: Land; Lot Size: 13.04 acres (568,022.4 sq ft)
    Request Owner's contact information
    7800 Rickard 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
    7800 Rickard Rd Plain City, OH 43064
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