0 State Route 51 Genoa, OH 43430
This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Genoa, Ohio. Strategically located on heavily trafficked State Route 51, this property boasts excellent visibility and accessibility. The C-3 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking a high-profile location. Situated just off Main Street, the land offers convenient access to local amenities and a thriving community. Its prime location is further enhanced by its proximity to established businesses such as Carter Lumber and Art Van Furniture, ensuring high foot traffic and brand recognition. The property benefits from direct frontage on State Route 51, providing unparalleled exposure to a large volume of daily commuters. Furthermore, its convenient access to Interstates 280 and 80/90 ensures easy connectivity to regional and national transportation networks. All utilities are available at the site, simplifying development and reducing upfront costs. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area. The asking price is $90,000 per acre, reflecting the property's exceptional location and development potential. Don't miss this chance to secure a prime piece of Ohio real estate.
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
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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.