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Property profile & analytics
OFF-MARKET
Land

0 Van Buren Rd New Franklin, OH 44216

30.27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 30.27-acre industrial land parcel presents a unique investment opportunity in New Franklin, Ohio. Priced at $399,000 ($13,300 per acre), this property boasts an ideal location near the intersection of Van Buren Road and Center Road, conveniently situated north and east of the Clinton Machine building. The land is comprised of two parcels, 2400143 and 2400822, and is zoned for industrial use, offering significant potential for various development projects. Annual property taxes are approximately $4,740. The acreage is strategically positioned on both sides of Van Buren Road, providing ample space and flexibility for future development. Furthermore, the property enjoys convenient access to major transportation arteries, with State Route 21 approximately 4 miles away and State Route 585 about 6 miles distant. This prime location, combined with its substantial size and industrial zoning, makes this property an attractive investment for businesses seeking to establish or expand their operations in a thriving area. Serious inquiries are encouraged to explore the possibilities of this exceptional land offering.

Property profile
Verified
Property type Land
Lot 30.27 ac (1,318,561 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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