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Industrial Land Build-to-Suit Opportunity
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115 Innovation Court, Delaware, OH 43015

Shovel-ready industrial land for lease in Airport Business Center.

Days on Market184

Property Features for 115 Innovation Court

General Information

Standard status Active
Property subtype Industrial
Listing Agency: RE/MAX Aerospace Realty
Listed By: Eric Shea, SIOR · License #3387073
Source: Nmrk
Added: Jan 27 Changed: Jul 10 Last Checked: Jul 30 at 4:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Aerospace Realty

Investment Insights

Based on property information with market context.

This build-to-suit industrial lease opportunity is available for single or multi-tenant use. The land site is located in the growing Airport Business Center, within the City of Delaware, which has an income tax rate of 1.85%. The zoning is M1 - Manufacturing, and the site is shovel-ready. Potential incentives include a Real Estate Tax Abatement (CRA) of up to 100% for 15 years, a Revolving Loan Fund of $25,000 per employee for machinery and equipment, and an Economic Development Grant negotiable up to $50,000. Utilities available on site include a 16-inch water line from the City of Delaware, Columbus Gas of Ohio, and Consolidated Electric Cooperative, providing up to 12 megawatts. A dual feed substation is located one mile northwest.

Key Highlights

  • Real Estate Tax Abatement (CRA) - Up to 100% for 15 years
  • Shovel Ready Site Status
  • Located in growing Airport Business Center

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Daycare Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 43015, OH

57,563
Population
23,287
Households
2.5
Avg Household Size
38
Median Age
47%
College-Educated
96%
High-School Grad
127.9 sq mi
ZIP Area
450
Density / Sq Mi
$99,622
Median Household Income
$50,799
Median Earnings
$1,207
Median Rent
$311,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Shovel-ready industrial land for lease in Airport Business Center.
Where is this industrial land located?
The property is located at 115 Innovation Court Delaware, OH.
What are key features of this property?
This property features: Real Estate Tax Abatement (CRA) - Up to 100% for 15 years; Shovel Ready Site Status; Located in growing Airport Business Center
More about this property
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