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    Main St Reynoldsburg, OH 43068

    Sponsored
    For Sale
    $149,900

    0.86-acre farm, buildable, $149,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.86-acre farm property in Reynoldsburg, Ohio, presents a unique investment opportunity. Located on E Main Street, between Waggoner and Lancaster, this commercially zoned land offers significant potential for development. The property comprises three parcels and boasts convenient access to utilities, including water, sewer, gas, and electricity (buyer responsible for any tap fees). Its strategic location provides proximity to shopping centers and major roadways, enhancing its appeal for various commercial ventures. The tranquil setting includes wooded areas and a creek at the rear, offering a blend of accessibility and natural beauty. The property is zoned for Land/Farm-Multiple Use, providing flexibility for diverse development plans. The asking price is $149,900, translating to approximately $232,441 per acre. Reynoldsburg schools serve the area. The APN is 060-000051. This is an ideal site for entrepreneurs seeking a prime location to establish their next business.

    Property Features for 0 Main St

    General Information

    Property type
    Farms
    Lot Size
    37,462 SF

    HighLights

    • Utilities available (water, sewer, gas, electric).
    • Excellent location for business development.
    • Commercially zoned, three‑parcel site totaling approximately one acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Reynoldsburg
    County
    Franklin
    State
    Ohio
    Longitude
    -82.7739441
    Latitude
    39.9558364

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    FAQs

    What type of property is this?
    Farm - 0.86-acre farm, buildable, $149,900
    Where is this farm located?
    The property is located at Main St Reynoldsburg, OH.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Utilities available (water, sewer, gas, electric).; Excellent location for business development.; Commercially zoned, three-parcel site totaling approximately one acre.
    Request Owner's contact information
    Main St Reynoldsburg, OH 43068
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    Reynoldsburg, OH 43068
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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
    Main St Reynoldsburg, OH 43068
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