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    4001 Groves Rd Columbus, OH 43232

    For Sale
    Contact for pricing

    Prime Industrial Land, Build-to-Suit Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4.57-acre industrial land parcel presents a unique build-to-suit opportunity in Columbus, Ohio. Located at 4001 Groves Rd, in Franklin County, this property offers unparalleled access to major transportation arteries, including Interstates 70 and 270, ensuring seamless logistics and distribution. The site is zoned M for manufacturing, allowing for a diverse range of potential developments. The owner is open to collaborating on a build-to-suit project, accommodating the specific needs of the future occupant. Envision a state-of-the-art warehouse, manufacturing facility, or truck maintenance and parking facility, with the potential to construct up to 40,000 square feet. All necessary utilities are readily available on-site, simplifying the development process and minimizing upfront costs. This strategic location, combined with the flexibility of a build-to-suit arrangement and the ample space, makes this property an ideal investment for businesses seeking to establish or expand their operations in a thriving industrial market. The property's zip code is 43232, and its coordinates are 39.929649 latitude and -82.889981 longitude. Don't miss this chance to secure a prime industrial location with exceptional connectivity and development potential.

    Property Features for 4001 Groves Rd

    General Information

    Property type
    Land
    Lot Size
    199,069 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.889981
    Latitude
    39.929649

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Build-to-Suit Opportunity
    Where is this land located?
    The property is located at 4001 Groves Rd Columbus, OH.
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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
    4001 Groves Rd Columbus, OH 43232
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