Technical
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Property profile

14337 And Sr 316 Ashville, OH 43103

OFF-MARKET
Land
394.82 ac lot
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Property summary

AI-generated overview

This exceptional 394.82-acre property presents a unique mixed-use development opportunity in South Bloomfield, Ohio, a rapidly growing municipality just south of Columbus. Strategically located at the intersection of US 23 and SR 316, this expansive site boasts significant road frontage: 1,075 feet on US 23 (33,420 average daily traffic) and 3,177 feet on SR 316 (5,116 average daily traffic). The land is comprised of two parcels: a 258.62-acre north parcel zoned HC Highway Commercial and a 136.20-acre south parcel suitable for residential and multifamily development. Both parcels benefit from readily available water and sanitary services. The village welcomes a diverse range of development options, including retail, restaurants, services, grocery stores, hotels, healthcare facilities, senior housing, residential, multifamily, flex-tech, life science, and office spaces. This location offers strong demographics, with average household incomes within a 10-mile radius exceeding $100,000. The property is adjacent to Marvin Webster Memorial Park and situated within the Teays Valley Local School District. The parcels can be purchased individually. Gorgeous Scioto River views enhance the property's appeal. This is an ideal investment for developers seeking a high-visibility location with excellent access and strong growth potential in a thriving community. The property's APN numbers are D14-0-001-00-177-00 and D14-0-001-00-180-01. The asking price is $15,328,800.

Property profile

Verified
Property type Land
Lot 394.82 ac (17,198,359 SF)

Cap rate & NOI

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

Location

14337 And Sr 316 Ashville, OH 43103
Ashville metro
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Value estimations

Realmo proprietary · 4 methods
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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
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