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    Property profile & analytics
    FOR SALE
    Commercial land

    3400 Broadway, Grove City, OH 43123-1942

    19,132 SF 1.7 ac lot Built 1996
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US66-4496835
    Property summary
    AI-generated overview

    This exceptional 1.68-acre commercial lot in Grove City's desirable submarket presents a unique investment opportunity. Boasting excellent visibility and convenient access from I-270, this property enjoys high traffic counts exceeding 23,000 vehicles daily. Its prime location makes it ideal for a diverse range of commercial developments, including medical facilities, hotels, daycare centers, banks or credit unions, hardware or building materials stores, multifamily housing, or assisted living facilities. The property is identified by APN 040-015109 within Franklin County. This single-tenant site offers flexibility with options for purchase, ground lease, or a built-to-suit development. A significant advantage is the availability of a 100% 15-year tax abatement, substantially reducing initial investment costs and operational expenses. This presents a compelling opportunity for developers seeking a high-traffic location with substantial tax benefits in a thriving commercial area. The property is zoned for commercial use and is ready for immediate development. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1996
    Total area 19,132 SF
    Lot 1.7 ac (74,183 SF)
    APN 040-015109
    UPID US66-4496835
    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
    $1.10M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $741k
    Blend (final) Blend
    $1.10M
    Owner & transaction history
    Cookies Investments LLC · 1 yrs held
    Cookies Investments LLC
    since 2024
    Last sale
    $1.1M
    2 recorded transactions
    2024
    $1.1M
    2021
    $500,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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