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    Prime Development Opportunity in Pataskala Title is generated by Realmo AI

    4200 Hazelton Etna Road SW, Pataskala, OH 43062

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    Six contiguous parcels ideal for retail, multi-family, or mixed-use development.

    Type:Mixed Use
    Property size:
    3,043 SF
    Price / SF:
    $312/SF
    Added:
    Mar 9, 2026
    Days on Market:
    97
    Last Refresh:
    Mar 19 at 10:40 pm

    Property Features for 4200 Hazelton Etna Road SW

    General Information

    Standard status
    Active
    Size
    3,043 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    2006

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    Listing Contact
    Ron Kendle

    Listing agent Ron Kendle License #2015003009

    Listing office RE/MAX Town Center

    Listing date Mar 9, 2026

    Source Crexi

    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 Town Center

    HighLights

    • Prime development opportunity in a rapidly growing corridor.
    • Six contiguous parcels offered together as an assemblage.
    • Ideal for retail, multi‑family, mixed‑use, or overlay development (subject to zoning and approvals).
    • Strategically positioned with strong visibility and convenient access to major roadways.
    • Benefits from continued residential and commercial growth in the surrounding area.
    • Combined acreage provides flexibility for a variety of development concepts.

    Overview

    This offering consists of six contiguous parcels, presenting a development opportunity in a rapidly growing corridor. The combined acreage is suitable for various development concepts, including neighborhood retail, higher-density residential, or a coordinated mixed-use project. The location offers strong visibility and convenient access to major roadways. The site is positioned to benefit from continued residential and commercial growth in the surrounding area. The property, with a size of 3043, is ideal for retail, multi-family, mixed-use, or overlay development, subject to zoning and approvals.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $82.2k $27.00
    − Vacancy −$2.9k −$0.97
    EGI $79.2k $26.03
    − OpEx −$23.8k −$7.81
    NOI $55.5k $18.22
    3,043 SF · lease $27.00/SF/yr · vacancy 3.58% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $792.2K
    $693.2K – $924.2K (±1% cap)
    NOI $55,454 @ 7.0% cap · market cap 5.84%
    Second Best
    Mixed Use
    $707.3K
    $618.9K – $825.2K (±1% cap)
    NOI $49,512 @ 7.0% cap · market cap 5.21%
    Theoretical Best
    Flex RnD
    $2.44M
    $2.14M – $2.85M (±1% cap)
    NOI $171,073 @ 7.0% cap · market cap 18.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Department Store Storage Facility HVAC Service Bar & Pub Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pataskala
    County
    Licking
    State
    Ohio
    Longitude
    -82.67255
    Latitude
    40.029125

    FAQs

    What type of property is this?
    Commercial land - Six contiguous parcels ideal for retail, multi-family, or mixed-use development.
    Where is this commercial land located?
    The property is located at 4200 Hazelton Etna Road SW Pataskala, OH.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Prime development opportunity in a rapidly growing corridor.; Six contiguous parcels offered together as an assemblage.; Ideal for retail, multi‑family, mixed‑use, or overlay development (subject to zoning and approvals).
    More about this property
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