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Property profile & analytics
OFF-MARKET
Commercial real estate

13220 Us Highway 42 Plain City, OH 43064

8 ac lot
Property ID
US66-1831576
Property summary
AI-generated overview

This exceptional 8-acre commercial land parcel is strategically located at 13220 US Highway 42 N in Plain City, Ohio, 43064. Boasting unparalleled visibility at a prominent corner between State Route 33 and Delaware, this property presents a unique investment opportunity. Its prime location along a main thoroughfare connecting Jerome Township and Honda facilities ensures high traffic volume and exposure. The property's year of construction is 1962, and it offers significant potential for various commercial developments. Note that an electrical easement traverses the property. While the adjacent 160 acres were recently acquired by Shelly Materials Company for mining operations, their projected commencement is within the next 7-10 years, providing a considerable window for development. This presents a rare chance to secure a substantial land holding in a rapidly growing area before significant changes to the surrounding landscape occur. The asking price for this remarkable property is $1,200,000.

Property profile
Verified
Property type Commercial real estate
Lot 8 ac (348,480 SF)
UPID US66-1831576
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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