This exceptional 56.32-acre land parcel in Pataskala, Ohio, presents a remarkable investment opportunity. Strategically located along the heavily trafficked SR 161 corridor, this property boasts unparalleled visibility to over 35,000 vehicles daily. Its proximity to the New Albany Business Park, home to major corporations such as Intel, Amazon, and Google, further enhances its desirability. The property is divided into two sections. The northern 37+ acres are designated for an Innovation District, allowing for diverse development options including manufacturing, assisted living facilities, retail, daycare centers, flex warehouses, hotels, motels, and offices. The southern 19+ acres are zoned for Commercial Professional Office use, accommodating retail, office spaces, assisted living facilities, and healthcare facilities. The total lot size encompasses 2,440,666.8 square feet (56.32 acres), offering significant potential for large-scale development. The asking price for this prime real estate is $5,900,000. This location offers unparalleled access to a thriving business community and a robust infrastructure, making it an ideal site for a variety of commercial ventures. Don't miss this chance to secure a piece of Ohio's burgeoning economic landscape. The property's zoning and location provide a unique blend of flexibility and strategic advantage, promising substantial returns for the discerning investor. This is a rare opportunity to acquire a significant land holding in a high-growth area.
Property Features for 10621 Beaver Rd
General Information
Property type
Land
HighLights
56.32‑acre land parcel in Pataskala, Ohio, priced at $5,900,000.
High visibility location on SR 161, with over 35,000 vehicles passing daily.
Proximity to New Albany Business Park and major corporations like Intel, Amazon, and Google.
Northern 37+ acres zoned for an Innovation District, allowing diverse development options including manufacturing, assisted living, retail, daycare, flex warehouses, hotels, and offices.
Southern 19+ acres zoned for Commercial Professional Office use, suitable for retail, office, assisted living, and healthcare facilities.
Land - Exceptional development opportunity near Intel.
Where is this land located?
The property is located at 10621 Beaver Rd Pataskala, OH.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 56.32-acre land parcel in Pataskala, Ohio, priced at $5,900,000.; High visibility location on SR 161, with over 35,000 vehicles passing daily.; Proximity to New Albany Business Park and major corporations like Intel, Amazon, and Google.
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10621 Beaver Rd Pataskala, OH 43062
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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.
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10621 Beaver Rd Pataskala, OH 43062
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10621 Beaver Rd, Pataskala, OH
Gregory Hrabcak
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10621 Beaver Rd, Pataskala, OH
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10621 Beaver Rd, Pataskala, OH
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to 10621 Beaver Rd Pataskala, OH 43062
10621 Beaver Rd, Pataskala, OH
Gregory Hrabcak
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