6598 North St Granville, OH 43023
This exceptional one-acre property in Granville, Ohio, presents a unique investment opportunity. Located just outside Fredonia and within the North Fork school district, the land comprises five parcels totaling 43,560 square feet (approximately one acre). The property includes two currently rented mobile homes. Mobile home #C features two bedrooms, one bathroom, a kitchen, and a living room. Mobile home #B offers similar amenities, including two bedrooms, a remodeled bathroom, kitchen, and living room. Each mobile home has its own propane tank and septic system, sharing a single well. The individual parcel numbers are: 046-156996-00.000 (.26 acres), 046-157008-00.000 (.11 acres), 046-157002-00.000 (.12 acres), 046-156936-00.000 (.26 acres), and 046-156924-00.000 (.25 acres). The zoning allows for residential and agricultural use only, prohibiting the placement of new mobile homes. However, construction of a new house is permitted, with a minimum square footage requirement of 1300 square feet. The asking price for this property is $100,000. This presents a compelling opportunity for investors seeking rental income and future development potential. The property's location in Granville, Ohio, zip code 43023, offers a desirable residential setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.