Property profile

10750 Us Highway 42 Plain City, OH 43064

OFF-MARKET
Land
Property ID
US66-2506132
Built 1951
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Property summary

AI-generated overview

This exceptional 29,185.2 square foot land parcel, located at 10750 US Highway 42 S in Plain City, Ohio, presents a compelling investment opportunity. Currently zoned residential, this property offers significant potential for commercial development, subject to annexation and rezoning. The property's strategic location on the Route 42-Plain City corridor provides excellent visibility and accessibility. Its proximity to the popular Der Dutchman Restaurant further enhances its appeal. City utilities are conveniently located nearby, simplifying infrastructure connections. Built in 1951, the land boasts a generous size, allowing for a variety of development possibilities. The APN is 02-00001.000. This property is being offered at $485,000 and represents a unique chance to acquire a substantial tract of land with considerable upside potential in a thriving area. While currently zoned residential, the possibilities for commercial use are significant, making this an attractive proposition for forward-thinking investors. Buyers are responsible for completing all necessary annexation and zoning procedures.

Property profile

Verified
Property type Land
Year built 1951
UPID US66-2506132

Cap rate & NOI

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

Location

10750 Us Highway 42 Plain City, OH 43064
Plain City 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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