2005 Demorest Road, Grove City, OH 43123 (MLS# 223018647)

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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