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394 State Route 56, London, OH 43140
$422,000
394 State Route 56, London, OH 43140View this property at 394 State Route 56, London, OH 43140
394 State Route 56LondonOH43140
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Property Description
Prime development/commercial opportunity! Offering 2 acres of land with a 3192sqft post frame building included at the advertised price. Sewer infrastructure available in 2024. Versatile usage potential: ideal for restaurant, gas station, warehouse, or residential and commercial development. Conveniently located just 0.26 miles from I-70 and 0.5 miles to US 40, Close to Choctaw Lake, with a quick 30-minute drive to Downtown Columbus. Don't miss out on this strategic investment opportunity!
Full Property Details
Full Property Details for 394 State Route 56
General
- Price: $422,000
- Taxes: $3,757 (2023)
- Status: Active
- Type: Vacant Land
- MLS ID: 224009164
- Updated: 4/15/2024
- Added to Site: 31 day(s) ago
Location
- Municipality: Somerford
- County: Madison
- Cross Streets: I-70, Old US 40
School Information
- School District: LONDON CSD 4903 MAD CO.
Utilities
- Utility Description: Electric
Structural Information
- Year Built: 2001
Lot Features
- Lot Size (Acres): 2.02
- Min Acreage: 2
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $208,910.89
- For Lease: Yes
- Tax Amount: $3,757
- Tax Year: 2023
Disclosures and Reports
- Property ID: 24-01115.000
Listed by DarbyView Realty (614) 314-6948, TJ Tripp (614) 314-6948
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Schools
Schools serving 394 State Route 56
School District:London City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
380 Elm St, London, OH 43140 | PK-5 | 3.3 mi | |
270 Keny Blvd, London, OH 43140 | 6-8 | 3.3 mi | |
336 Elm St, London, OH 43140 | 9-12 | 3.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 394 State Route 56
Date
Details
Price
Change
Source
4/15/2024
Price Reduced
$422,000
-4.09%
MLS
3/29/2024
Listed
$440,000
46.72%
MLS
9/26/2022
Sold
$299,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 394 State Route 56
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,757
-5%
$76,720
5%
2022
$3,965
-30%
$73,070
—
2021
$5,639
55%
$73,070
—
2020
$3,635
15%
$73,070
26%
2019
$3,163
10%
$58,200
—
2018
$2,870
—
$58,200
—
2017
$2,856
—
$58,200
—
2016
$2,846
3%
$57,970
—
2015
$2,769
-11%
$57,970
—
2014
$3,098
25%
$57,970
30%
2013
$2,474
—
$44,620
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 394 State Route 56
394 State Route 56, London, OH 43140 (MLS# 224009164) is a Vacant Land property with a lot size of 2.02 acres. 394 State Route 56 is currently listed for $422,000 and was received on March 29, 2024. Want to learn more about 394 State Route 56? Do you have questions about finding other Vacant Land real estate for sale in London? You can browse all London real estate or contact a Coldwell Banker agent to request more information.