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    8202 State Route 37 Sunbury, OH 43074

    Sponsored
    For Sale
    $3,000,000

    9.5 Acres, $3M, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9.5-acre property, located at 8202 E State Route 37 in Sunbury, Ohio, presents a unique development opportunity. Currently featuring a garden center and a home, this land is being sold for development purposes only. The property consists of three parcels totaling 43,560 square feet (approximately 9.5 acres) and is zoned for development. The existing structures are not included in the sale price of $3,000,000. The property's APN is 417-230-01-001-000. Built in 1962, the single-story structures on the site offer 1,336 square feet of net rentable space, resulting in a price per square foot of $2,245.51. This figure reflects the overall land value and development potential. Prospective buyers should be aware that sewer extension to the site will be required. This prime location in Sunbury, Ohio (zip code 43074), offers significant potential for various development projects. The property's size and location make it an attractive investment for developers seeking a substantial land parcel in a growing area. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a large tract of land in a desirable location.

    Property Features for 8202 State Route 37

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1962
    Stories
    1

    HighLights

    • $3,000,000 asking price.
    • Special purpose property.
    • 1,336 square feet net rentable.
    • $2,245.51 price per square foot.
    • 1962 year built, one‑story building.
    • 43,560 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Nail Salon Auto Parts Store Hotel & Motel Kitchen & Bath Department Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunbury
    County
    Delaware
    State
    Ohio
    Longitude
    -82.915509
    Latitude
    40.2653042

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Specialty property - 9.5 Acres, $3M, High Potential
    Where is this specialty property located?
    The property is located at 8202 State Route 37 Sunbury, OH.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: $3,000,000 asking price.; Special purpose property.; 1,336 square feet net rentable.
    Request Owner's contact information
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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
    8202 State Route 37 Sunbury, OH 43074
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