0 Lockbourne Eastern Rd Hartford, OH 43013
This exceptional 30.2-acre parcel, identified by APN D1300400000100 (Part), presents a rare opportunity for multifamily development in the thriving Ashville, Ohio market. Located on Lockbourne Eastern Rd, zip code 43013, this property is zoned RE - Residential Estate District, offering significant potential for residential construction. Its strategic location provides convenient access to major employment centers, including Rickenbacker International Airport, just 15 minutes away, and Downtown Columbus, a mere 25-minute commute. The site benefits from its proximity to new developments, indicating a strong and growing community. Furthermore, the property is situated within the highly regarded Teays Valley School District. This prime location, coupled with the potential for Community Reinvestment Act (CRA) incentives, makes this a compelling investment opportunity in one of the nation's fastest-growing metropolitan areas. The substantial lot size allows for a large-scale project, capitalizing on the increasing demand for housing in the Columbus region. This is a unique chance to acquire a significant land holding with exceptional potential for substantial returns. Detailed zoning information and potential development plans are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.