13347 Us-23 Ashville, OH 43103
Exceptional investment opportunity: 334 acres of prime industrial land in Ashville, Ohio, strategically located in Pickaway County, just 25 minutes south of downtown Columbus. This expansive property boasts approximately 25,038 square feet of existing improvements, including three residential buildings, a small office building, and six industrial spaces. Currently generating income through residential tenants and agricultural leases, this versatile property offers significant upside potential. The existing structures comprise commercial warehouse space, residential units, and garages with apartments above. Approximately 200 acres are situated outside the floodplain, making it highly attractive for development projects targeting the growing Columbus market. The property features significant road frontage (approximately 1,990 feet) on US-23 and substantial river frontage (approximately 6,300 feet) along the Scioto River. Zoned for commercial use (APN: D1400010018200, D1400010018100), this property is ideally positioned near a new Ohio Department of Transportation rest stop and has sewer access nearby. The strong labor market and growing residential market in Pickaway County further enhance its appeal. This is a rare opportunity to acquire a large-scale property with diverse income streams and immense development potential in a rapidly expanding region. Asking price: $14,000,000.
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.