4641 Outville Rd Granville, OH 43023
This exceptional 66.41-acre property located at 4641 Outville Road, Granville, Ohio, 43023 presents a unique development opportunity. The land boasts approximately 1,300 feet of frontage along Outville Road, primarily zoned B-1, allowing for a variety of commercial uses. A significant portion of the acreage is currently utilized for crop cultivation, featuring minimal tree coverage, offering a largely clear canvas for development. All essential utilities are readily accessible, including public sewer, water, electric, and gas services, simplifying the development process. The property's expansive size, combined with its strategic location and convenient utility access, makes it an attractive investment for various projects. Note that an adjoining 55.94-acre parcel (025-068328-01.001) is also available for purchase, presenting the potential for even larger-scale development. The total land area encompasses 5,329,566 square feet. This property is priced at $3,500,000. The remaining acreage is zoned agricultural.
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
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.