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Property profile & analytics
OFF-MARKET
Small apartment buildings

23455 Morse Rd Raymond, OH 43067

Individually Owned 1-yr Hold
Property ID
US66-2814532
Property summary
AI-generated overview

This exceptional 20.8-acre property, located at 23455 Morse Road in Raymond, Ohio, presents a unique investment opportunity. Currently zoned agricultural, this expansive parcel offers significant potential for residential development, creating a family compound, or other uses. The land boasts a mix of meadows and woods, providing a tranquil setting while remaining conveniently located within the Marysville School District and a short drive from local businesses. With its substantial size of 902,998.8 square feet, the property offers ample space for various projects. The existing agricultural zoning could be readily converted to residential, allowing for the realization of diverse development plans. The property's serene surroundings, combined with its proximity to amenities, make it an attractive option for those seeking a blend of privacy and convenience. The location offers the potential for farming while development plans are underway. This is a rare opportunity to acquire a large parcel of land with significant development potential in a desirable location. The asking price is $355,000. Coordinates: 40.365845, -83.503753. Zip code: 43067.

Property profile
Verified
Property type Small apartment buildings
UPID US66-2814532
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Nicholas A Soller · 1 yrs held
Nicholas A Soller
since 2025
2 recorded transactions
2025
$315,000
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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