2005 Demorest Road, Grove City, OH 43123
$1,092,000
Property Type:
Land/Farm
Lot Size (sq. ft.):
457,380
Status:
Closed
Current Price:
$1,092,000
List Date:
6/18/2023
Last Modified:
3/01/2025
Description
4 parcels totaling 10.5 +/- acres included in this sale, will not separate. There are existing single family homes, however, the land is being sold for its land value. Located at the corner of Demorest and Alkire Roads with high traffic and visibility from Interstate 270. Great opportunity for a new development!
Supplements: ********
More Information MLS# 223018647
Location & Property Info
List Price/Acre: 161904.76
City (Mailing Addr): Grove City
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
For Exchange: No
For Lease: No
General Property Info
Built Prior to 1978: No
Lot Size (Side): 1345.64
Residential Dwelling/Other Structure Y/N: No
Acreage: 10.5
Tax Info
Zoning: SR
Multiple Parcels: Yes
Addl Parcel Numbers: 160-000228-00, 160-000126-00, 160-002175-00
Tax Abatement: No
Parcel #: 160-002146-00
Remarks & Misc
Property Description: 4 parcels totaling 10.5 +/- acres included in this sale, will not separate. There are existing single family homes, however, the land is being sold for its land value. Located at the corner of Demorest and Alkire Roads with high traffic and visibility from Interstate 270. Great opportunity for a new development!
Status Change Info
Sold Price/Acre: 104000
Under Contract Date: 2023-08-01
Sold Date: 2024-10-15
Sold Price: $1,092,000
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Water Source
Well: 1
Sewer
Private Sewer: 1
Alternate Uses
Multi-Family: 1
Residential: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1700000
Sold Price: $1,092,000
Property Sub Type: Development
Street #: 2005
Street Name: Demorest
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43123
School District: SOUTH WESTERN CSD 2511 FRA CO.
Township: Jackson
OfficeContract Info
Status: Closed
MLS Entry Date: 2023-06-18
Property Features
Addl Acceptance Cond: None Known
Water Source: Well
Sewer: Private Sewer
Alternate Uses: Multi-Family; Residential
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Documents
Marketing Package ›Listing Office: The Robert Weiler Company
Listing Agent: James Spiegel
Last Updated: March - 01 - 2025
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