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    9845 Basil Western Rd Canal Winchester, OH 43110

    For Sale
    $1,100,000

    Prime Canal Winchester location, high traffic counts.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.69-acre commercial land parcel presents a unique investment opportunity in the thriving Canal Winchester, Ohio market. Located at 9845 Basil Western Rd, this property boasts unparalleled visibility due to its strategic placement near the intersection of Route 33 and Diley Road. With a remarkable 2023 traffic count of 55,035 vehicles per day on Route 33, this site offers exceptional exposure for any commercial venture. The property is zoned for commercial use (APN: 0370211920) and is situated in a rapidly developing area, promising significant future growth potential. Previously utilized as a new model home location, the land is ready for immediate development. The asking price is $1,100,000, with a potential net operating income of $3,500 per month (NNN). This represents a compelling opportunity to capitalize on the high traffic volume and strong growth trajectory of this prime location in Fairfield County, Ohio, zip code 43110. The property's location offers easy access to major transportation routes, ensuring high visibility and convenient access for customers and employees. Don't miss this chance to secure a highly visible and strategically located commercial property in a booming market.

    Property Features for 9845 Basil Western Rd

    General Information

    Property type
    Land

    HighLights

    • 1.69‑acre commercial land parcel in Canal Winchester, OH, at 9845 Basil Western Rd.
    • High visibility near Route 33 and Diley Road intersection; Route 33 boasts 55,035 vehicles per day (2023 data).
    • Commercially zoned (APN: 0370211920) and ready for immediate development.
    • Asking price: $1,100,000, with potential NNN net operating income of $3,500/month.
    • Located in a rapidly developing area of Fairfield County, OH (zip code 43110), offering excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Canal Winchester
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.7780053
    Latitude
    39.8432805

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    FAQs

    What type of property is this?
    Land - Prime Canal Winchester location, high traffic counts.
    Where is this land located?
    The property is located at 9845 Basil Western Rd Canal Winchester, OH.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 1.69-acre commercial land parcel in Canal Winchester, OH, at 9845 Basil Western Rd.; High visibility near Route 33 and Diley Road intersection; Route 33 boasts 55,035 vehicles per day (2023 data).; Commercially zoned (APN: 0370211920) and ready for immediate development.
    (614) 559-3350
    Request Owner's contact information
    9845 Basil Western Rd Canal Winchester, OH 43110
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    Canal Winchester, OH 43110
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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
    9845 Basil Western Rd Canal Winchester, OH 43110
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