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Property profile & analytics
OFF-MARKET
Land

12832 Morse Rd Pataskala, OH 43062

68.64 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 68.64-acre property in Pataskala, Ohio (APN: 082-107466-05.001), currently zoned residential but offering significant potential for commercial rezoning. This expansive land parcel presents a unique investment opportunity, boasting two distinct areas. The southeast portion encompasses a modern 2,500+ square foot, three-bedroom, 2.5-bathroom home built in 2006, featuring a wraparound porch and situated on a private 8-acre wooded lot. This area also includes a large barn with a 76' x 184' indoor arena, a regulation-sized outdoor arena, fenced paddocks, a large fenced jump field, and over 33 acres of tillable farmland, plus a former creamery building. The northeast portion comprises an older 26-stall boarding barn, fenced pastures, a three-bedroom farmhouse, and a separate rental property, all situated on over 13 acres. The property is conveniently located just two miles from the Intel facility and sits on the northeast and southeast corners of Morse and Mink Roads. This prime location, combined with the property's diverse features and rezoning potential, makes it an ideal investment for future development. Asking price: $7,500,000.

Property profile
Verified
Property type Land
Lot 68.64 ac (2,989,958 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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