10239 State Rte 37 Sunbury, OH 43074-9309
This exceptional 5.12-acre commercial land parcel, located at 10239 E State Route 37 in Sunbury, Ohio, presents a unique investment opportunity. Zoned for Planned Commercial and Office use within Berkshire Township, this property offers significant potential for development. The expansive 223,027.2 square foot lot boasts convenient access, with the current owner having already collaborated with the Ohio Department of Transportation (ODOT) to secure ingress and egress. The property's strategic location near the City of Sunbury offers the possibility of annexation, providing access to city utilities. Existing infrastructure includes readily available water and electric services, simplifying development plans. This prime location, combined with its zoning and accessibility, makes this property ideal for a variety of commercial ventures. The asking price is $750,000. The property's zip code is 43074, and it is situated in Delaware County. This is a rare opportunity to acquire a sizable, well-situated commercial land parcel in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.