Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tract B Dent Rd Sunbury, OH 43074

    Sponsored
    For Sale
    $375,000

    3-Acre Wooded Lot, Big Walnut Schools

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    420
    This exceptional 3-acre residential lot, located on Tract B Dent Road in Sunbury, Ohio, presents a unique opportunity to build your dream home. Boasting 130,680 square feet of heavily wooded landscape with mature trees, the property offers a serene and private setting. The gently sloped lot is ideally suited for a walk-out basement, adding significant design flexibility. Imagine the possibilities – a tranquil pond could further enhance the natural beauty of this already picturesque location. Convenience is key, with readily available gas and Delco water utilities at the roadside, streamlining the construction process. Enjoy breathtaking views and easy access to recreational opportunities across from the Rattlesnake Golf Course. This desirable property is situated within the highly acclaimed Big Walnut School District, providing excellent educational options for families. The freedom to select your own builder allows for complete customization, ensuring your vision becomes a reality. Priced at $375,000, this is an unparalleled chance to create your perfect home in a sought-after Ohio community. The property's address is Tract B Dent Road, Sunbury, OH 43074, located in Delaware County.

    Property Features for 0 Tract B Dent Rd

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Mary Wiegand

    Learn more

    HighLights

    • 3‑acre residential lot in Sunbury, OH.
    • 130,680 sq ft heavily wooded lot with mature trees.
    • Gently sloped lot ideal for a walk‑out basement.
    • Gas and Delco water utilities at roadside.
    • Breathtaking views and proximity to Rattlesnake Golf Course.
    • Big Walnut School District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sunbury
    County
    Delaware
    State
    Ohio
    Longitude
    -82.7815054
    Latitude
    40.2146476

    Nearby Comparable

    • $355,000

      Sunbury, OH Residential Land Tract

      Prime 3-acre lot, Big Walnut schools, golf course views.
      0 Tract A Dent Rd, Sunbury, OH 43074
      View Details
    • $119,900
      0.82 Acres

      Sunbury Residential Land - $119,900

      Build Your Dream Home on ~1 Acre
      15347 Greyland Dr, Sunbury, OH 43074
      View Details
    • $119,900
      1.10 Acres

      Sunbury Residential Land - $119,900

      1+ Acre Lot, Prime Location, Utilities Available
      15195 Greyland Dr, Sunbury, OH 43074
      View Details
    • $190,000

      Sunbury, OH Land - $190K

      106K SF Buildable Lot, Ohio.
      2670 County Road 605, Sunbury, OH 43074
      View Details
    • $38,700,000

      Large Tract with Utilities

      297.47 acres at Center Village and Green Cook Roads.
      14859 Center Village Rd, Johnstown, OH 43031
      View Details
    • $38,700,000

      Large Acreage Land For Sale

      297.47 acres of land with utilities in Johnstown, OH.
      Center Village Rd, Johnstown, OH 43031
      View Details
    • $2,200,000

      Woodhaven Farm: 34 Acres in Ohio

      Prime Ohio land, development potential.
      11862 Woodhaven Rd, Johnstown, OH 43031
      View Details
    • Contact for pricing
      88 SF

      88 Acres Developable Industrial Land

      88 acres of developable land with industrial zoning.
      10826 Woodtown Rd, Galena, OH 43021
      View Details

    Nearby Similar for Sale

    • $950,000
      5.00 Acres

      9.5 Acres Development Opportunity

      9.5 acres on 3 parcels in developing Sunbury, OH.
      Us-37, Sunbury, OH 43074
      View Details
    • Contact for pricing
      36,821 SF

      Sunbury Industrial Warehouse on 3.44 Acres

      36,821 SF industrial warehouse with outdoor storage near I-71.
      10793 Ohio 37, Sunbury, OH 43074
      View Details
    • $3,000,000

      Prime Sunbury Development Land

      9.5 Acres, $3M, High Potential
      8202 State Route 37, Sunbury, OH 43074
      View Details
    • $1,199,900

      Prime Sunbury Investment Opportunity

      Three Updated Homes, High Income Potential
      732 State Route 61, Sunbury, OH 43074
      View Details

    FAQs

    What type of property is this?
    Land - 3-Acre Wooded Lot, Big Walnut Schools
    Where is this land located?
    The property is located at Tract B Dent Rd Sunbury, OH.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 3-acre residential lot in Sunbury, OH.; 130,680 sq ft heavily wooded lot with mature trees.; Gently sloped lot ideal for a walk-out basement.
    Request Owner's contact information
    Tract B Dent Rd Sunbury, OH 43074
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tract B Dent Rd
    Sunbury, OH 43074
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Tract B Dent Rd Sunbury, OH 43074
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mary Wiegand
    Real Estate License ID: 2024003244
    Learn more
    Google sign-in failed. Please try again or use another login method.