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Property profile & analytics
OFF-MARKET
Land

0 Spg St Sparta, OH 43350

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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