4221 Bixby Rd Groveport, OH 43125
This exceptional 12.94-acre parcel of land, located at 4221 Bixby Rd, Groveport, OH 43125, presents a unique investment opportunity. Situated in Franklin County, this property is zoned R-Rural, offering potential for various commercial and industrial developments. Prospective buyers are responsible for verifying zoning suitability for their intended use. A significant advantage is the presence of a gas line already on the property; detailed information and any associated restrictions are available in supplemental documentation. Currently, a home situated on the land is rented on a month-to-month basis; potential buyers should respect the tenancy and avoid disturbing the occupants. The property's proximity to Rickenbacker International Airport makes it strategically advantageous for businesses requiring convenient air transportation access. The asking price for this substantial land holding is $1,617,500. The property's latitude and longitude coordinates are 39.8721954 and -82.8925553 respectively. All interested parties should conduct their own due diligence regarding zoning and potential development opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.