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    Farm Bank Way Grove City, OH 43123

    Sponsored
    For Sale
    $140,000

    Two build-ready pads, 4,000 sqft potential each.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Grove City, Ohio opportunity presents two fully approved, site-ready commercial office pads, each capable of supporting up to 4,000 square feet of construction. Located on Farm Bank Way in Franklin County, zip code 43123, this one-acre lot is zoned COM and offers significant advantages for developers and businesses. Each pad is priced at $70,000, totaling $140,000 for both. All utilities are already in place, eliminating significant upfront costs and expediting the construction process. A substantial benefit is the existing 15-year property tax abatement on improvements, offering considerable long-term savings. The property is ideal for build-to-suit projects, allowing for customized designs to meet specific business needs. This is a rare chance to acquire prime commercial real estate in a thriving location with significant financial incentives. Don't miss this opportunity to establish your business in a highly desirable area with streamlined development potential.

    Property Features for 0 Farm Bank Way

    General Information

    Property type
    Individual retail properties
    Lot Size
    43,560 SF

    HighLights

    • Build‑to‑suit opportunities available.
    • 15‑year tax abatement on improvements.
    • Two site‑ready pads with utilities; each pad is 4,000 SF max.
    • Each pad priced at $70,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Grove City
    County
    Franklin
    State
    Ohio
    Longitude
    -83.084638701748
    Latitude
    39.894478257246

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    FAQs

    What type of property is this?
    Individual retail property - Two build-ready pads, 4,000 sqft potential each.
    Where is this individual retail property located?
    The property is located at Farm Bank Way Grove City, OH.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: Build-to-suit opportunities available.; 15-year tax abatement on improvements.; Two site-ready pads with utilities; each pad is 4,000 SF max.
    Request Owner's contact information
    Farm Bank Way Grove City, OH 43123
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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
    Farm Bank Way Grove City, OH 43123
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