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    Cooper Rd Westerville, OH 43081

    Sponsored
    For Sale
    Contact for pricing

    Prime Westerville development land near Otterbein University.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.5-acre parcel presents a remarkable development opportunity in Westerville, Ohio. Conveniently located on Cooper Road, this property boasts easy walking distance to Otterbein University, enhanced by a new pedestrian bridge. The site is zoned PD (Planned Development), allowing for a diverse range of uses including commercial, residential, office, and retail development. Its 080-011862-00 APN number ensures straightforward identification and transaction processes. All utilities are readily available, simplifying infrastructure integration for any project. The property's proximity to a recently constructed luxury apartment complex further underscores its desirability and potential for high returns. Given its size and versatile zoning, this land is ideally suited for projects such as student housing, capitalizing on the vibrant student population and the area's rapid growth. The location in Franklin County, Ohio, with a Westerville zip code of 43081, offers excellent access to amenities and transportation networks. This is a rare chance to acquire a significant land holding in a thriving area with strong potential for future appreciation. The property's latitude and longitude coordinates are 40.103752 and -82.9399371 respectively.

    Property Features for 0 Cooper Rd

    General Information

    Property type
    Land
    Lot Size
    326,700 SF

    HighLights

    • 7.5‑acre land development opportunity in Westerville, OH.
    • Walkable to Otterbein University via new pedestrian bridge.
    • Ideal for student housing development.
    • High‑growth area.
    • PD (Planned Development) zoning allows for office, retail, commercial, and residential uses.
    • Adjacent to a new luxury apartment complex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Westerville
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9399371
    Latitude
    40.103752

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    FAQs

    What type of property is this?
    Land - Prime Westerville development land near Otterbein University.
    Where is this land located?
    The property is located at Cooper Rd Westerville, OH.
    What are key features of this property?
    This property features: 7.5-acre land development opportunity in Westerville, OH.; Walkable to Otterbein University via new pedestrian bridge.; Ideal for student housing development.
    (513) 265-1700
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    Cooper Rd Westerville, OH 43081
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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
    Cooper Rd Westerville, OH 43081
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