Property profile

0 Market St Galion, OH 44833

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 9+ acre parcel, located at 0 N Market Street in Galion, Ohio, presents a unique investment opportunity. The property, encompassing a substantial 398,138.4 square feet, is zoned for multifamily development and offers significant potential for various residential projects. Its convenient location provides quick and easy access to Route 30, ensuring excellent connectivity and accessibility for future residents. The land is currently designated as vacant and ready for development, allowing for complete design flexibility and customization to suit specific project needs. This expansive lot presents a rare chance to build a substantial multifamily complex in a desirable location. The property is classified as Land and Multifamily, specifically an apartment building, and is further categorized as a duplex/triplex/quadplex residential property. The asking price for this prime development site is $120,000. Note that an adjacent parcel (not included in this listing) offering an additional 3 acres is available for purchase separately, providing an opportunity to expand the project scope significantly. This presents a compelling opportunity for developers seeking a large, well-located site for a new residential project in Galion, Ohio. The property's zip code is 44833, and it is situated in Crawford County.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Market St Galion, OH 44833
Galion metro
Google Maps

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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