8824/8826 Morse Rd Pataskala, OH 43062
- Warehouses
Current Use by Public Records
- Warehouses
Property Details for 8824/8826 Morse Rd
- Year built
- 1900
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional 31.9-acre property, located at 8824/8826 Morse Road SW in Pataskala, Ohio (zip code 43062), presents a compelling investment opportunity. Boasting 626 feet of road frontage, the land is currently zoned agricultural and operates as an equestrian facility, generating rental income from a one-bedroom, one-bathroom home with a detached garage. A high-capacity water well (30 gallons per minute) is also on-site. The property's strategic location offers significant potential. It's less than half a mile from Hazelton Etna Road (Route 310), two miles from Route 161, and under seven miles from the Intel facility. The Worthington Road Commercial Overlay District is adjacent to Route 310, and nearby properties have successfully transitioned to commercial zoning. The St. Albans Township Future Land Use map designates this area as ideal for manufacturing. Built in 1900 and renovated in 2015, this expansive 1,386,514.8 square foot lot offers significant flexibility for future development, with the existing equestrian facility providing immediate rental income potential. The asking price is $4,000,000. This property is a rare combination of immediate income generation and high-growth potential in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pataskala
- County
- Licking
- State
- Ohio
- Longitude
- -82.6576
- Latitude
- 40.058
