0 Groves Rd Columbus, OH 43232
This exceptional 5.31-acre parcel, located at 0 Groves Road, Columbus, Ohio 43232 (APN 010-000938-00), presents a unique opportunity for industrial or commercial development. The property is zoned M-1 and boasts dimensions of approximately 270 feet by 854 feet. Currently undergoing site preparation, including clearing and stone installation for parking, this land is ready for immediate development. The site offers significant potential for expansion, with extra ground potentially available for added development. This single-tenant property is available for lease at a rate of $5,000 per acre. The property's convenient location in Columbus, Ohio, provides easy access to major transportation routes and a thriving business community. This is an ideal location for businesses seeking a strategically positioned site for their operations. The property's current state of preparation significantly reduces the time and cost associated with initial site work, making it an attractive investment for developers seeking a quick turnaround. Serious inquiries are encouraged to explore this exceptional opportunity.
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.