Technical
Financial
Distress signals
Property profile

8824/8826 Morse Rd Pataskala, OH 43062

OFF-MARKET
Warehouses
Built 1900
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 31.9-acre property, located at 8824/8826 Morse Road SW in Pataskala, Ohio (zip code 43062), presents a compelling investment opportunity. Boasting 626 feet of road frontage, the land is currently zoned agricultural and operates as an equestrian facility, generating rental income from a one-bedroom, one-bathroom home with a detached garage. A high-capacity water well (30 gallons per minute) is also on-site. The property's strategic location offers significant potential. It's less than half a mile from Hazelton Etna Road (Route 310), two miles from Route 161, and under seven miles from the Intel facility. The Worthington Road Commercial Overlay District is adjacent to Route 310, and nearby properties have successfully transitioned to commercial zoning. The St. Albans Township Future Land Use map designates this area as ideal for manufacturing. Built in 1900 and renovated in 2015, this expansive 1,386,514.8 square foot lot offers significant flexibility for future development, with the existing equestrian facility providing immediate rental income potential. The asking price is $4,000,000. This property is a rare combination of immediate income generation and high-growth potential in a rapidly developing area.

Property profile

Verified
Property type Warehouses
Year built 1900

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8824/8826 Morse Rd Pataskala, OH 43062
Pataskala metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8824/8826 Morse Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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