0 Oak Valley Rd Reynoldsburg, OH 43068
This exceptional 1.088-acre property located at 0 Oak Valley Road, Reynoldsburg, Ohio 43068, presents a compelling investment opportunity. Currently configured as an apartment building, the property boasts a substantial 47,480.4 square foot lot, offering significant potential for redevelopment or expansion. The asking price is $155,000. Situated in Franklin County, this multifamily property (specifically a duplex, triplex, or quadplex) is zoned for suburban residential use, with the possibility of light commercial applications as outlined in the Reynoldsburg zoning regulations (available upon request). The expansive lot size provides ample space for future development, allowing for a variety of potential uses to suit an investor's vision. The property's location in Reynoldsburg offers convenient access to local amenities, transportation routes, and a growing community. This is an ideal opportunity for investors seeking a property with substantial land and the potential for significant returns. Detailed zoning information and permitted uses are available for review. Serious inquiries are encouraged to explore the full potential of this unique investment. The property is sold as-is.
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
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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.