0 Sprague Rd Olmsted Falls, OH 44138
This exceptional 9-acre property in Olmsted Falls, Ohio, presents a unique opportunity for both residential and recreational pursuits. Located on Sprague Rd, zip code 44138, this large single lot boasts convenient access to major roadways, including the Ohio Turnpike and Route 480, ensuring effortless commuting. The property is zoned residential, offering the potential for a custom home build on this expansive parcel. City water and electricity are readily available, simplifying the development process. Furthermore, the land is situated within a highly-rated Blue Ribbon school district, making it an attractive option for families. The property's designation as both hunting and recreational land adds to its versatility, providing ample space for outdoor activities. Parcel number PP#265-17-003 clearly identifies this significant land holding. With its prime location, desirable zoning, and access to essential utilities, this 9-acre lot represents a rare find in the prestigious Olmsted Township. The combination of residential potential and recreational opportunities makes this property a truly exceptional investment. Don't miss this chance to own a piece of Olmsted Falls.
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
Similar Nearby for Lease
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.