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    71 Oh-83 Burbank, OH 44214

    For Sale
    Contact for pricing

    Four acres, I-71 access, commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4-acre commercial land parcel presents a unique investment opportunity in Burbank, Ohio. Strategically located at 71 OH-83, this property boasts immediate access to Interstate 71, ensuring high visibility and convenient access for businesses. The land is zoned for commercial use, allowing for a wide range of development possibilities. Existing utilities and infrastructure are already in place, simplifying the development process and reducing upfront costs. The location is highly advantageous, situated between the major metropolitan areas of Columbus, Akron, and Cleveland, providing access to a large and diverse workforce and consumer base. With over 50,000 vehicles passing daily, this property offers unparalleled exposure for any commercial venture. The APN numbers are 014-14D-30-020 and 014-4D-30-015. The asking price is $240,000 per acre, making this a compelling investment opportunity for developers and businesses seeking a prime location with excellent connectivity and high traffic volume. This property is ready for immediate development, offering significant potential for substantial returns. Don't miss this chance to secure a prime piece of commercial real estate in a thriving Ohio location.

    Property Features for 71 Oh-83

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • $240,000 per acre for up to 4 acres of land.
    • Immediate I‑71 access.
    • Commercially zoned.
    • Existing utilities and infrastructure.
    • Prime location between Columbus, Akron, and Cleveland.
    • Over 50,000 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Burbank
    County
    Wayne
    State
    Ohio
    Longitude
    -81.986206
    Latitude
    40.9521188

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      Four-Acre Corner Lot Available

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      50,000 SF

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    Nearby Similar for Sale

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      50,000 SF

      Commerce Park 71: Burbank Warehouse Space

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    FAQs

    What type of property is this?
    Land - Four acres, I-71 access, commercial zoning.
    Where is this land located?
    The property is located at 71 Oh-83 Burbank, OH.
    What are key features of this property?
    This property features: $240,000 per acre for up to 4 acres of land.; Immediate I-71 access.; Commercially zoned.
    Request Owner's contact information
    71 Oh-83 Burbank, OH 44214
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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
    71 Oh-83 Burbank, OH 44214
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