Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    County Road 130 Bellefontaine, OH 43311
    Back to Search
    Property profile & analytics

    County Road 130, Bellefontaine, OH 43311

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 County Road 130

    Property type
    Land

    Description

    This exceptional 87,120 square foot residential lot presents a unique opportunity in Bellefontaine, Ohio. Priced at $70,000, this prime corner lot offers approximately two acres of land, providing ample space for a custom-designed home. Enjoy the blend of convenient access to local amenities, schools, and major roadways, while still experiencing the peace and privacy of country living. The property boasts significant frontage: 451 feet on County Road 130 and 293 feet on County Road 13. Buyers should note that there are currently no utilities connected to this parcel. This presents a blank canvas for your dream home, allowing for complete customization to reflect your personal style and preferences. Zoning information for this property located in Harrison Township can be accessed at www.LUCplanning.com. This is an ideal location for those seeking a spacious lot to build their dream home in a desirable Ohio setting. Seize this opportunity to create your perfect retreat.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellefontaine
    County
    Logan
    State
    Ohio
    Longitude
    -83.7939
    Latitude
    40.3937

    Comparable in this City

    • Value Estimation by Request
      55.00 Acres

      2280 Oh-540

      Land
      2280 Oh-540, Bellefontaine, OH 43311
      View Details
    • Value Estimation by Request

      203 Mackachack Dr

      Land
      203 Mackachack Dr, Bellefontaine, OH 43311
      View Details
    • Value Estimation by Request

      1274 Township Road 204

      Land
      1274 Township Road 204, Bellefontaine, OH 43311
      View Details
    • Value Estimation by Request

      133 County Road 25

      Land
      133 County Road 25, Bellefontaine, OH 43311
      View Details
    • Value Estimation by Request

      1143 Co Rd

      Office Spaces
      1143 Co Rd, Bellefontaine, OH 43311
      View Details
    • Value Estimation by Request

      Us Highway 68

      Land
      0 Us Highway 68, Bellefontaine, OH 43311
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale in Bellefontaine, Ohio.
      S Main St, Bellefontaine, OH 43311
      View Details
    • Contact for pricing

      Versatile Property with Barn and Camper

      Unique .11-acre property featuring a barn and camper.
      203 Mackachack Dr, Bellefontaine, OH 43311
      View Details
    • $680,700

      Prime Hunting & Farmland in Ohio

      45-Acre Farm, Abundant Wildlife, Tillable Land
      0 Township Road 55, Bellefontaine, OH 43311
      View Details
    • $8,500,000
      18,000 SF

      150-Acre Wedding Venue and Land

      Operating wedding venue with redevelopment potential near Mad River Mountain.
      3482 County Road 10, Bellefontaine, OH 43311
      View Details
    • $195,900
      1,872 SF

      Income-Producing Duplex in Bellefontaine, OH

      Well-maintained duplex with two units generating $1,900 monthly income.
      605 N Detroit St, Bellefontaine, OH 43311
      View Details
    • $219,900
      2,792 SF

      Bellefontaine Duplex with Rental Income

      Two spacious units, generating $2,350 monthly rental income.
      300 W Sandusky Ave, Bellefontaine, OH 43311
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Downtown Bellefontaine

      Charming retail space near shops, dining, and cultural attractions.
      143 N Main St, Bellefontaine, OH 43311
      View Details
    • Contact for pricing
      105,000 SF

      Bellefontaine Distribution & Logistics Space

      105,000 SF industrial space ideal for distribution and logistics.
      1 Hunter Pl, Bellefontaine, OH 43311
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center For Rent

      High-performing shopping center anchored by Kroger in Bellefontaine, OH.
      2129 S Main St, Bellefontaine, OH 43311
      View Details
    • $1,000 /Mo
      400 SF

      Furnished Office Suite in Bellefontaine

      Fully furnished office suite with all-inclusive utilities and premium amenities.
      139 W Columbus Ave, Bellefontaine, OH 43311
      View Details
    • $399 /Mo
      25 SF

      Furnished Office Space For Rent

      Furnished office space with utilities included in Bellefontaine, OH.
      139 W Columbus Ave, Bellefontaine, OH 43311
      View Details
    • $799 /Mo
      200 SF

      Bellefontaine Coworking Office Space

      200 sq ft coworking space for 1-3 professionals.
      139 W Columbus Ave, Bellefontaine, OH 43311
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    County Road 130
    Bellefontaine, OH 43311
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    County Road 130, Bellefontaine, OH, 43311
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!