0 Spg St Sparta, OH 43350
This 0.59-acre (+/-) lot, located at 0 Spring Street in the Village of Sparta, Ohio, presents a unique investment opportunity. The property encompasses 25,700.4 square feet and is being sold "AS-IS WHERE-IS," contingent upon court approval. Potential buyers should be aware that a lawsuit has been filed against the previous owner concerning back taxes and unpaid utility bills. Furthermore, underground gas tanks on the property require remediation to meet current Ohio oil and gas regulations. Due diligence is strongly recommended to assess the necessary compliance work. The sale price is $19,999. This property is situated in Morrow County, Ohio, with a zip code of 43350. The geographic coordinates are latitude 40.3951433 and longitude -82.6993023. Given the legal and environmental considerations, this property is best suited for buyers with experience in handling properties requiring significant remediation and legal clearance. All information provided is based on available records and ongoing investigation into the property's compliance status. Prospective buyers are urged to conduct their own thorough due diligence before making an offer. The sale is subject to court approval.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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.