0 Oh-316 Ashville, OH 43103
This exceptional 136.2-acre parcel presents a remarkable opportunity for residential development in South Bloomfield, Ohio, a rapidly growing community just south of Columbus. Boasting 3,177 feet of frontage on SR 316 (North St.), this property enjoys high visibility with an average daily traffic count of 5,116 vehicles. Water and sanitary sewer services are readily available, simplifying infrastructure needs. The property is zoned AG (Agricultural District) and is ideally situated within the Teays Valley Local School District, adjacent to Marvin Webster Memorial Park, offering residents convenient access to recreational amenities. The area showcases strong demographics, with average household incomes within a 10-mile radius exceeding $100,000. The village welcomes both single-family and multi-family development proposals. Stunning views of the Scioto River add to the property's allure. This site offers a unique blend of accessibility, desirable location, and strong market fundamentals, making it an exceptional investment for discerning developers. The asking price is $6,178,000. The property's APN is D14-0-001-00-180-01. Further details and high-resolution imagery are available online.
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
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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.