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Commercial Land with Redevelopment Flexibility

3020 NATIONAL RD, Columbus, IN 47201

For Sale
New
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Three adjoining parcels can be planned together or separated into smaller development pads.

Property SizeContact for details
Days on Market5

Property Features for 3020 NATIONAL RD

General Information

Standard status Active
Property subtype Land
Listing Agency: Breeden Commercial
Listed By: Wendy Scgalski · License IN RB21001483
Source: Crexi
Added: Nov 7 Changed: Nov 10 Last Checked: Nov 10 at 2:20PM

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 Breeden Commercial

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Investment Insights

Based on property information with market context.

The offering comprises three contiguous commercial parcels totaling 13 acres, with existing auto dealership and office buildings of approximately 118,000 square feet. The land is zoned CR and is presented for redevelopment, either as a unified project or in smaller pad configurations.

The parcels are at 2980, 3020 and 3040 National Road in Columbus. The 2.88-acre parcel at 2980 National Road occupies a signalized corner at Herman Darlage Drive; the other parcels contain 4.34 acres and 5.78 acres, respectively. Identified development concepts include commercial, retail, office, mixed-use, hospitality, banking, medical, restaurant, fast-food and strip-center uses.

Key Highlights

  • Three contiguous parcels combine for 13 acres, with an option to redevelop together or divide into smaller pads
  • 2.88‑acre parcel at a signalized corner of National Road and Herman Darlage Drive
  • Other parcels contain 4.34 acres and 5.78 acres

Property Analytics

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Open Analytics

Current Use

Chrysler Dodge Jeep ... Car Dealership Hyundai Of Columbus Car Dealership Collision Center of Columbus Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

753
Businesses Nearby

Demographics for 47201, IN

45,969
Population
20,924
Households
2.2
Avg Household Size
36
Median Age
36%
College-Educated
92%
High-School Grad
201.2 sq mi
ZIP Area
228
Density / Sq Mi
$82,667
Median Household Income
$46,243
Median Earnings
$1,159
Median Rent
$217,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Three adjoining parcels can be planned together or separated into smaller development pads.
Where is this commercial land located?
The property is located at 3020 NATIONAL RD Columbus, IN.
What are key features of this property?
This property features: Three contiguous parcels combine for 13 acres, with an option to redevelop together or divide into smaller pads; 2.88‑acre parcel at a signalized corner of National Road and Herman Darlage Drive; Other parcels contain 4.34 acres and 5.78 acres
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