0 Van Buren Rd New Franklin, OH 44216
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.
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
Similar Nearby for Sale
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.