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    6583 Xing Canal Winchester, OH 43110

    For Sale
    Contact for pricing

    112-Unit Potential, 10 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10.37-acre parcel in Canal Winchester, Ohio, presents a rare opportunity for multifamily development. Zoned for multifamily use, this property allows for the construction of up to 112 units. Its strategic location boasts over 500 feet of frontage on Gender Road, providing excellent visibility and accessibility. The land is conveniently situated adjacent to a Kroger-anchored shopping center, ensuring a vibrant and convenient environment for future residents. The property's proximity to Interstates 270 and 70 offers easy access to major transportation routes. All utilities are readily available, simplifying the development process. Furthermore, the property benefits from City of Columbus zoning and existing development plans are available for review upon request. The APN is 530-259628-00. This prime location, combined with the potential for a substantial multifamily development, makes this an exceptional investment opportunity. The address is 6583 Dorothy's Crossing, Canal Winchester, OH 43110. This Franklin County property offers a unique chance to capitalize on the growing demand for housing in this desirable area. An existing unit in an adjacent development is available for use as a sales/leasing office.

    Property Features for 6583 Xing

    General Information

    Property type
    Land
    Lot Size
    451,717 SF

    HighLights

    • 10.37‑acre multifamily‑zoned land parcel in Canal Winchester, OH.
    • Zoned for up to 112 multifamily units.
    • Over 500 feet of frontage on Gender Road.
    • Adjacent to a Kroger‑anchored shopping center.
    • Minutes from Interstates 270 and 70.
    • All utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canal Winchester
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8224203
    Latitude
    39.9039191

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    FAQs

    What type of property is this?
    Land - 112-Unit Potential, 10 Acres, Prime Location
    Where is this land located?
    The property is located at 6583 Xing Canal Winchester, OH.
    What are key features of this property?
    This property features: 10.37-acre multifamily-zoned land parcel in Canal Winchester, OH.; Zoned for up to 112 multifamily units.; Over 500 feet of frontage on Gender Road.
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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
    6583 Xing Canal Winchester, OH 43110
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