Search
Prime Development Land with Corner
For Sale
$3,180,600

5305 U.s Hwy 23 N Delaware, Delaware, OH 43015

18.6-acre development parcel with frontage on US 23 and Troutman Road, plus utilities including electric and natural gas.

Property SizeContact for details
Lot Size18.60 Acres
Days on Market48

Property Features for 5305 U.s Hwy 23 N Delaware

General Information

Standard status Active
Lot size 18.60 Acres
Property subtype Land

Site & Location

Traffic Count 29,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,884

Amenities

No
11.6

Building Details

Year Built 1938
Listing Agency:
Listed By: Brian McLaughlin
Source: Movenowohio
Added: Jul 5 Changed: Aug 7 Last Checked: Aug 21 at 4:06AM

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 Brian McLaughlin

Investment Insights

Based on property information with market context.

This 18.6-acre development land parcel offers a hard corner location with frontage along US 23 and Troutman Road. A portion of the property is currently used for boat and RV storage, which the owner notes could potentially continue during an extended development process for additional income or be incorporated into a new development plan.

The property is positioned north of the City of Delaware on US 23, with approximately 820 feet of frontage on US 23 and 1,000 feet of frontage on Troutman Road. Public remarks cite 29,000+ vehicles per day on US 23. The site is across US 23 from Delaware State Park at a signalized intersection and across Troutman Road from an RV wholesaler that includes boat and RV storage, reflecting established convenience and fuel-related traffic patterns.

Utilities listed include electric, Del-Co Water, and natural gas, supporting a range of development directions referenced in the remarks, including petroleum/convenience or industrial uses.

Key Highlights

  • 18.6‑acre development parcel with frontage on US 23 and Troutman Road
  • Hard corner location: 820' frontage on US 23 and 1,000' frontage on Troutman Road
  • Traffic count of 29,000+ vehicles per day on US 23

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Storage Facility Big Box & Wholesale Store Bed & Breakfast Hotel & Motel

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

29,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

15
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 18.6-acre development parcel with frontage on US 23 and Troutman Road, plus utilities including electric and natural gas.
Where is this commercial land located?
The property is located at 5305 U.s Hwy 23 N Delaware Delaware, OH.
What is the asking price?
The asking price for this property is $3,180,600.
What are key features of this property?
This property features: 18.6‑acre development parcel with frontage on US 23 and Troutman Road; Hard corner location: 820' frontage on US 23 and 1,000' frontage on Troutman Road; Traffic count of 29,000+ vehicles per day on US 23
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message