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Property profile & analytics
OFF-MARKET
Commercial land

4029 Marlane Dr Grove City, OH 43123-9742

5,822 SF 0.81 ac lot Built 1979
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US66-2770294
Property summary
AI-generated overview

Exceptional investment opportunity awaits with this 0.785-acre commercial lot, encompassing 34,412.4 square feet, ideally situated at 4029 Marlane Drive in Grove City, Ohio, zip code 43123. This property boasts a prime location in a high-traffic area, offering excellent visibility and accessibility. Its strategic placement near major roadways, including Interstates 270 and 71, ensures significant exposure to a large consumer base. The area is experiencing substantial growth, surrounded by established businesses, including lodging, restaurants, retail stores, entertainment venues, and numerous new residential developments. The lot is zoned for commercial use and has readily available utilities, making it an ideal site for a variety of commercial ventures. This presents a rare chance to capitalize on a thriving market and establish a successful business in a high-demand location. The asking price for this exceptional property is $950,000. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly developing area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1979
Total area 5,822 SF
Lot 0.81 ac (35,458 SF)
APN 040-001269
UPID US66-2770294
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
Current use
Occupant on record · Public records
  • Travel lodge motel Hotel & Motel
  • Carpet & Flooring USA of Grove City Big Box & Wholesale Store
  • Grove City Travel inn/So Columbus Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Adipu LLC · 18 yrs held
Adipu LLC
since 2007
4 recorded transactions
2019
Price N/A
2007
$800,000
2007
Price N/A
2007
$75,700
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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