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Property profile

13347 Us-23 Ashville, OH 43103

OFF-MARKET
Land
334 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 334 ac (14,549,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13347 Us-23 Ashville, OH 43103
Ashville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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