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    1240 Refugee Rd Pickerington, OH 43147

    Sponsored
    For Sale
    Contact for pricing

    High-traffic, divisible commercial land near OhioHealth.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 51.77-acre commercial land parcel presents a unique investment opportunity in Pickerington, Ohio. Strategically located at 1240 Refugee Road, this property boasts significant frontage (2,448 feet) along a high-traffic corridor, experiencing 13,859 average daily traffic (ADT) counts on Refugee Road and 37,213 ADT on nearby SR-256. The property is zoned C, allowing for a variety of commercial uses, making it ideal for medical or retail development. Its adjacency to the OhioHealth hospital campus further enhances its desirability and potential. The property consists of two Fairfield County parcels, APN 410386500 and 410386400. Recent road improvements on Refugee Road have further increased accessibility and visibility. The seller is open to dividing the land, offering flexibility for various development scenarios. This prime location, combined with its size, high traffic counts, and zoning, makes this a compelling opportunity for investors seeking significant commercial development potential. The substantial frontage provides excellent visibility and accessibility for any commercial venture.

    Property Features for 1240 Refugee Rd

    General Information

    Property type
    Land
    Lot Size
    2,255,101 SF

    HighLights

    • Refugee Road recently underwent significant road improvements.
    • Extensive street frontage available.
    • High‑traffic location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Feuerborn Colombian Restaurant

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pickerington
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.78804
    Latitude
    39.912655

    Nearby Comparable

    • Contact for pricing

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      Land for sale at 1240 Refugee Rd, Pickerington, OH.
      1240 Refugee Rd, Pickerington, OH 43147
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      Pickerington Investment: Enterprise Lease

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      Pickerington Hotel Investment Opportunity

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    FAQs

    What type of property is this?
    Land - High-traffic, divisible commercial land near OhioHealth.
    Where is this land located?
    The property is located at 1240 Refugee Rd Pickerington, OH.
    What are key features of this property?
    This property features: Refugee Road recently underwent significant road improvements.; Extensive street frontage available.; High-traffic location.
    (614) 334-7805
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    1240 Refugee Rd Pickerington, OH 43147
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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

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    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.

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

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    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
    1240 Refugee Rd Pickerington, OH 43147
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