909 Putnam Rd Pataskala, OH 43062
This exceptional 46+ acre commercial property in Pataskala, Ohio, presents a unique investment opportunity. Located at 909 Putnam Road SW, the expansive 2,009,422.8 square foot lot boasts significant potential for income generation. The property includes two well-maintained ranch homes, each offering three bedrooms and two and a half bathrooms. One home features 1,857 square feet of living space, an inground pool, an attached garage, a three-car detached garage, and additional outbuildings. The second home comprises 1,762 square feet and includes a three-car attached garage, boasting recent updates. Equestrian enthusiasts will appreciate the existing infrastructure, including a 34-stall barn, an indoor riding arena, multiple outdoor arenas, and six fenced paddocks. A conveniently located apartment within the barn adds further versatility. Built in 1991, this property is ideally situated near developing areas in Licking County, Ohio, and offers significant upside potential for a variety of commercial ventures. The asking price is $2,990,000. This property is zoned for commercial use and offers a rare combination of residential and commercial possibilities. The partially finished basements in both homes provide additional space for expansion or adaptation. This is a truly remarkable opportunity for an investor seeking a substantial and diverse property with significant development potential. The zip code is 43062.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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