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    3711 Alkire Rd Grove City, OH 43123

    Sponsored
    For Sale
    $1,200,000

    5.26 Acres, $1.2M Asking

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.26-acre development opportunity is ideally situated in Grove City, Ohio, at 3711 Alkire Road, zip code 43123. The property encompasses two parcels totaling 229,125.6 square feet of land, offering significant potential for various commercial or residential projects. Its prime location provides excellent road frontage on Alkire Road, ensuring high visibility and accessibility. The property is zoned for development (specific zoning information should be independently verified). This substantial land parcel presents a rare chance to acquire a significant piece of real estate in a thriving Ohio community. The asking price for this remarkable development opportunity is $1,200,000. Detailed site plans and surveys are available upon request. Prospective buyers are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. This is a turnkey opportunity for developers seeking a prime location in a growing market. The property's size and location make it an attractive investment for those seeking long-term growth and potential. All interested parties should contact the listing agent for further information and to schedule a site visit.

    Property Features for 3711 Alkire Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Grove City
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0955284
    Latitude
    39.9165908

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    FAQs

    What type of property is this?
    Land - 5.26 Acres, $1.2M Asking
    Where is this land located?
    The property is located at 3711 Alkire Rd Grove City, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    Request Owner's contact information
    3711 Alkire Rd Grove City, OH 43123
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    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
    3711 Alkire Rd Grove City, OH 43123
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