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Prime Development Land I-70 Frontage
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5010 Palmer Rd, Millersport, OH 43046

Development opportunity with I-70 frontage and favorable financing options.

Property SizeContact for details
Days on Market1227

Property Features for 5010 Palmer Rd

General Information

Standard status Active
Property subtype Land
Zoning "Data Center/Data Center Campus Conditional Use" As of 7/16/26****
Listing Agency: SMRE
Listed By: David Coe · License #OH sal2016002198
Source: Crexi
Added: Apr 13, 2023 Changed: Aug 8 Last Checked: Aug 21 at 7:35AM

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 SMRE

Investment Insights

Based on property information with market context.

This property presents a significant development opportunity with immediate access to Interstate I-70, which experiences traffic of over 65,000 vehicles per day along the site frontage. State Route 158 sees over 8,000 vehicles per day. A third lane on I-70 east and west is planned in the next 2-3 years. The site is located directly south of an industrial park with two 500,000 square foot warehouses and mixed-use sites planned for Q3 2026. Situated 14 miles south of the new Intel site, this location is the last exit east on I-70 that is not in a floodway, offering strong labor and infrastructure until the Zanesville exit. The property is off the first exit east of the Etna SR 310 interchange, near Amazon and Kohl's distribution centers. It is 0.5 miles to the SR-158/I-70 interchange, 15 miles east of the I-70/I-270 interchange, 15 miles to Newark, 3 miles to Etna, Buckeye Lake, and Hebron, and 21 miles to downtown Columbus. The site is within 2500 feet north of 345-KV power lines and 1 mile west of 138-KV power lines, potentially suitable for future data centers or power generation. The property allows for approximately a 1 million square foot building with a 40-foot clear height, contingent on rerouting the creek. It features 1350 feet of frontage on I-70 and 800 feet of frontage on Palmer Road. Currently zoned agricultural, the property has the potential to be rezoned. There are no wetlands on the site. Sewer and water are located near the site, approximately 1500-2000 feet away, depending on the connection point. Sewer access is estimated to be available next to the property site by Q3/Q4 2026. The site is in a Targeted Employment Area and may be eligible for favorable financing through the EB-5 program, pending review of project criteria, including job creation factors.

Key Highlights

  • Prime development opportunity with immediate access to I‑70 and SR‑158.
  • Located near major distribution centers and 14 miles from the new Intel site.
  • Proximity to 345‑KV and 138‑KV power lines, suitable for future data centers/power generation.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Grocery & Convenience Store Restaurant Food Market Wine and Liquor Store

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

17
Businesses Nearby

Demographics for 43046, OH

3,195
Population
1,539
Households
2.1
Avg Household Size
51
Median Age
21%
College-Educated
96%
High-School Grad
26.7 sq mi
ZIP Area
120
Density / Sq Mi
$86,295
Median Household Income
$53,400
Median Earnings
$948
Median Rent
$282,400
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?
Commercial land - Development opportunity with I-70 frontage and favorable financing options.
Where is this commercial land located?
The property is located at 5010 Palmer Rd Millersport, OH.
What is the asking price?
The asking price for this property is $29,000,000.
What are key features of this property?
This property features: Prime development opportunity with immediate access to I‑70 and SR‑158.; Located near major distribution centers and 14 miles from the new Intel site.; Proximity to 345‑KV and 138‑KV power lines, suitable for future data centers/power generation.
More about this property
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