Property profile

0 Farm Bank Way Grove City, OH 43123

OFF-MARKET
Retail properties & Spaces
1 ac lot
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Property summary

AI-generated overview

This exceptional Grove City, Ohio opportunity presents two fully approved, site-ready commercial office pads, each capable of supporting up to 4,000 square feet of construction. Located on Farm Bank Way in Franklin County, zip code 43123, this one-acre lot is zoned COM and offers significant advantages for developers and businesses. Each pad is priced at $70,000, totaling $140,000 for both. All utilities are already in place, eliminating significant upfront costs and expediting the construction process. A substantial benefit is the existing 15-year property tax abatement on improvements, offering considerable long-term savings. The property is ideal for build-to-suit projects, allowing for customized designs to meet specific business needs. This is a rare chance to acquire prime commercial real estate in a thriving location with significant financial incentives. Don't miss this opportunity to establish your business in a highly desirable area with streamlined development potential.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Farm Bank Way Grove City, OH 43123
Grove City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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