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    Property profile & analytics

    32743 Water St Richwood, OH 43344

    • Commercial real estate
    For Sale
    View listing
    $14,900
    Value Estimation
    Location Intelligence
    Property ID
    US66-3496725
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 32743 Water St

    Property type
    Commercial real estate

    Description

    This exceptional 11,761.2 square foot residential lot presents a remarkable investment opportunity in the desirable town of Richwood, Ohio. Zoned R-2, this 0.27-acre parcel is ideally suited for discerning home builders or savvy real estate investors seeking a prime location. Situated in a tranquil setting, yet conveniently close to the vibrant downtown area of Richwood and the serene Richwood Lake Beach (both under 10 minutes away), this property offers the best of both worlds: peaceful county living with easy access to city amenities. The location provides a unique blend of suburban tranquility and convenient proximity to the bustling capital city of Columbus, Ohio, located approximately one hour away. This presents an unparalleled chance to build a dream home or develop a lucrative residential project. The asking price is $14,900, and the buyer is responsible for all closing costs. The property is located at 32743 Water Street, Richwood, OH 43344, in Union County. This is a rare opportunity to acquire a well-situated lot in a thriving community. Don't miss out on this chance to secure a piece of Richwood's desirable real estate market. Act quickly, as properties like this are in high demand.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richwood
    County
    Union
    State
    Ohio
    Longitude
    -83.316323
    Latitude
    40.4817589

    Comparable in this City

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    • $90,000

      29040 Mcmillen Road

      Land
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    • $135,000
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      Richwood, OH Land Opportunity

      4+ acre surveyed lot approved for building near Marysville.
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    Similar Nearby for Sale

    • $115,000
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      Richwood, OH Land Opportunity

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      View Details
    • $110,000
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      Wooded Lot with Gorgeous Views

      A 1.45-acre wooded lot with utilities at the road.
      Fulton Creek Rd, Richwood, OH 43344
      View Details
    • $170,000
      2.44 Acres

      Wooded Lot with Gorgeous Views

      2.44 acre wooded lot with utilities at the road.
      Fulton Creek Rd, Richwood, OH 43344
      View Details
    • $75,000
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      Residential Land in Richwood, Ohio

      1.152-acre residential lot ready for your dream home.
      unit Tract 1 Winnemac Rd, Richwood, OH 43344
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    • $119,900
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      Secluded Wooded Retreat with Creek

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      Richwood, OH Land Opportunity

      6+ acre home site near Marysville, North Union School District.
      unit Tract 4 Winnemac Rd, Richwood, OH 43344
      View Details
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    32743 Water St
    Richwood, OH 43344
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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
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