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
Overview
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!
Listing Details MLS# 223018647
Location Property Info
- Original List Price
- 1700000
- 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
- MLS Entry Date
- 2023-06-18
General Property Info
- Acreage
- 10.5
- Lot Size (Side)
- 1345.64
- Residential Dwelling/Other Structure Y/N
- No
- Built Prior to 1978
- No
Tax Info
- Parcel #
- 160-002146-00
- Zoning
- SR
- Multiple Parcels
- Yes
- Addl Parcel Numbers
- 160-000228-00, 160-000126-00, 160-002175-00
- Tax Abatement
- No
Status Change Info
- Under Contract Date
- 2023-08-01
- Sold Date
- 2024-10-15
- Sold Price/Acre
- 104000
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
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
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!
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Water Source
- Well
- Yes
Sewer
- Private Sewer
- Yes
Alternate Uses
- Multi-Family
- Yes
- Residential
- Yes
New Financing
- Conventional
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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 R Spiegel
Last Updated: March - 01 - 2025
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