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Property profile & analytics
OFF-MARKET
Land

0 Groves Rd Columbus, OH 43232

5.31 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5.31 ac (231,304 SF)
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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