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    Columbus Pike & Cheshire Rd Delaware, OH 43015

    For Sale
    Contact for pricing

    Prime 26.75-acre commercial lot in Delaware, OH.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 26.75-acre commercial land parcel presents a unique investment opportunity in Delaware County, Ohio. Ideally situated at the southeast quadrant of Columbus Pike and Cheshire Road, the property boasts 600 feet of frontage along Columbus Pike, providing excellent visibility and accessibility. The site is zoned B-4, General Business District, allowing for a wide range of commercial development possibilities. Located just four miles from Ohio Wesleyan University, this location benefits from a strong and growing surrounding community. Delaware County itself is experiencing remarkable growth, with the population having doubled since 2000. This surge in population is reflected in the average home value within a three-mile radius, which stands at $302,135, indicating a high-demand area with significant purchasing power. The property's size and strategic location make it an ideal site for a variety of commercial ventures, capitalizing on the area's robust economic expansion and affluent demographic. The zip code is 43015. This is a rare opportunity to acquire a substantial commercial land holding in one of Ohio's fastest-growing counties.

    Property Features for 0 Columbus Pike & Cheshire Rd

    General Information

    Property type
    Land
    Lot Size
    1,165,230 SF

    HighLights

    • 26.75‑acre commercial land parcel in Delaware County, Ohio.
    • B‑4 General Business zoning.
    • 600 feet of frontage on Columbus Pike.
    • Four miles from Ohio Wesleyan University.
    • Surrounding population doubled since 2000; average home value within three miles is $302,135.
    • Located at the southeast quadrant of Columbus Pike and Cheshire Road, zip code 43015.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Delaware
    County
    Delaware
    State
    Ohio
    Longitude
    -83.0509143
    Latitude
    40.2416884

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    FAQs

    What type of property is this?
    Land - Prime 26.75-acre commercial lot in Delaware, OH.
    Where is this land located?
    The property is located at Columbus Pike & Cheshire Rd Delaware, OH.
    What are key features of this property?
    This property features: 26.75-acre commercial land parcel in Delaware County, Ohio.; B-4 General Business zoning.; 600 feet of frontage on Columbus Pike.
    (330) 670-4409
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    Columbus Pike & Cheshire Rd 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
    Columbus Pike & Cheshire Rd Delaware, OH 43015
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