Property profile

6910-6940 Hill Rd NW Canal Wnchstr, OH 43110

OFF-MARKET
Commercial land
Property ID
US66-Q003645
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Property summary

AI-generated overview

Discover the potential of Southern Gateway into Canal Winchester, a prime piece of real estate that offers incredible potential for growth and development. This 9.5-acre property boasts a strategic location with strong traffic flow and immense growth prospects, making it an attractive investment opportunity. The owner has been working with local authorities such as Fairfield County, Violet Township, and Canal Winchester to annex the property into the town. All parties involved are eager to see this valuable corner developed, making it an ideal time for potential investors to get involved. The seller is open and flexible to various deal structures, including breaking up the acreage, exploring potential partnerships, or pursuing any other creative ways to develop the property. The owner has already worked out an annexation agreement that the new owner can take over or continue negotiating to ensure a smooth transaction. Located in the heart of a densely populated neighborhood, this property offers tremendous potential for expansion as the Waterloo area cannot handle heavy traffic. With 15 parcels available for development, the possibilities are endless. Additionally, the property benefits from a TIF (tax increment financing) of 75% over 10 years, making it a sound investment choice

Property profile

Verified
Property type Commercial land
UPID US66-Q003645

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6910-6940 Hill Rd NW Canal Wnchstr, OH 43110
Canal Wnchstr metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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