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    4654 State Route 37 Delaware, OH 43015

    For Sale
    Contact for pricing

    13.92 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 13.92-acre commercial land parcel presents a unique investment opportunity in Delaware County, Ohio. Located at 4654 State Route 37 E, this property boasts approximately 719 feet of frontage on a major thoroughfare experiencing over 27,000 vehicles daily. Currently zoned Farm Residential – 1, it's slated for commercial (C) zoning within the Berlin Business Park Industrial Overlay, unlocking a wide range of potential uses. The flat topography simplifies development, and existing utilities are on-site, with sewer readily accessible nearby. This strategic location within the burgeoning Berlin Business Park benefits from Delaware County's robust economic growth

    Property Features for 4654 State Route 37

    General Information

    Property type
    Land
    Lot Size
    606,355 SF

    HighLights

    • Currently zoned Farm Residential‑1.
    • Slated for Commercial (C) zoning within the Berlin Business Park Industrial Overlay.
    • Excellent potential for diverse commercial uses.
    • On‑site utilities.
    • Sewer access nearby.
    • Approx. 719 feet of frontage on State Route 37, experiencing 27,000+ vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Department Store Storage Facility Electronics Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Delaware
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9825881
    Latitude
    40.2772048

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    FAQs

    What type of property is this?
    Land - 13.92 Acres, High Traffic Area
    Where is this land located?
    The property is located at 4654 State Route 37 Delaware, OH.
    What are key features of this property?
    This property features: Currently zoned Farm Residential-1.; Slated for Commercial (C) zoning within the Berlin Business Park Industrial Overlay.; Excellent potential for diverse commercial uses.
    Request Owner's contact information
    4654 State Route 37 Delaware, OH 43015
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    Delaware, OH 43015
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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
    4654 State Route 37 Delaware, OH 43015
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