424 West Ave Plain City, OH 43064
This exceptional 9,147.6 square foot land parcel is situated at 424 West Avenue in Plain City, Ohio, zip code 43064, within Madison County. Priced at $380,000, this property presents a unique opportunity for development or investment. Its prime location offers convenient access to major roadways, including Route 42 and Route 33, providing easy commutes to nearby cities such as Hilliard, Columbus, Dublin, Marysville, Westerville, Powell, and Delaware. The lot enjoys a desirable setting, adjacent to the popular Der Dutchman Restaurant and its petting zoo, creating a peaceful and family-friendly atmosphere. The property's proximity to amenities and its accessibility to major transportation routes make it an attractive option for various projects. The neighboring lot at 428 West Avenue is also available for purchase, presenting potential for larger-scale development or the opportunity to acquire adjacent land for related projects. This property is categorized as Lot 2 of the Gingerich Sub. The location offers a blend of rural tranquility and convenient access to urban centers, making it an ideal location for those seeking a balance between suburban and rural living. This is a rare opportunity to acquire a sizable lot in a highly sought-after area.
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
Similar Nearby for Sale
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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.