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    Hamilton Rd Gahanna, OH 43230

    Sponsored
    For Sale
    $1,300,000

    4.52 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.52-acre commercial land parcel presents a remarkable investment opportunity in Gahanna, Ohio. Strategically located on North Hamilton Road at the signalized intersection with Beecher Road, this property boasts high visibility and accessibility within a bustling commercial corridor. The site is comprised of two parcels, offering flexibility for development. One parcel is zoned Planned Commercial Center (PCC), while the other is zoned Community Commercial (CC), allowing for a variety of commercial uses. All utilities are readily available on-site, simplifying the development process. The property's convenient location places it less than one mile south of Morse Road and half a mile north of Johnstown Road/US-62, ensuring excellent connectivity and exposure to a large customer base. A deed restriction is in place, prohibiting the construction of a freestanding emergency department. This prime location, combined with its versatile zoning and readily available utilities, makes this 4.52-acre tract an ideal site for retail or office development. The asking price for this exceptional property is $1,300,000. This represents a significant opportunity to capitalize on the thriving commercial activity in this high-traffic area of Gahanna. The property's size and zoning provide ample room for a variety of development projects, making it an attractive investment for both experienced developers and new ventures.

    Property Features for 0 Hamilton Rd

    General Information

    Property type
    Land
    Lot Size
    196,891 SF

    HighLights

    • 4.52‑acre site suitable for retail or office development.
    • Planned Commercial Center (PCC) and Community Commercial (CC) zoning.
    • Utilities available on‑site.
    • High‑visibility location at a signalized intersection of N Hamilton and Beecher Roads.
    • Strong commercial corridor location.
    • Deed restriction prohibits freestanding emergency department use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gahanna
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8666569
    Latitude
    40.0183991

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    FAQs

    What type of property is this?
    Land - 4.52 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Hamilton Rd Gahanna, OH.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 4.52-acre site suitable for retail or office development.; Planned Commercial Center (PCC) and Community Commercial (CC) zoning.; Utilities available on-site.
    Request Owner's contact information
    Hamilton Rd Gahanna, OH 43230
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    Gahanna, OH 43230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hamilton Rd Gahanna, OH 43230
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