3400 Broadway, Grove City, OH 43123-1942
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.