Property profile

26130 Locust Grv Rd New Holland, OH 43145

OFF-MARKET
Commercial real estate
Property ID
US66-5549487
16,031 SF 8.32 ac lot Built 1900
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This unique 13,477 square foot special purpose property, situated on an expansive 8-acre lot (362,419.2 sq ft), presents a compelling investment opportunity in New Holland, Ohio. Built in 1900, the building boasts miles of original lumber, showcasing its rich history. The property includes a substantial pole building, ideal for various commercial uses such as automotive or trucking businesses, offering significant income potential. The existing gymnasium space could be repurposed for storage or other uses. The property's versatile layout and ample space allow for a wide range of commercial applications. Conveniently located at 26130 Locust Grove Road, 43145, this property offers excellent access from both the front and rear, connecting to township maintenance. The asking price is $249,900, translating to $18.54 per square foot. This is a rare chance to acquire a piece of Ohio history with substantial development potential. The property's size and location make it an attractive option for entrepreneurs seeking a unique and versatile commercial space. The large grass field offers additional possibilities for expansion or outdoor activities. Don't miss this chance to own a truly one-of-a-kind property with endless possibilities.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction FRAME
Total area 16,031 SF
Lot 8.32 ac (362,376 SF)
APN I20-0-002-00-043-00
UPID US66-5549487

Cap rate & NOI

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

Location

26130 Locust Grv Rd New Holland, OH 43145-9755
New Holland metro Census 21600 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$125k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2023
Last sale
$100,000
4 recorded transactions
2023
$100,000
2023
$65,000
2022
$65,000
2008
$65,500

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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