0 Hamilton Rd Columbus, OH 43215
This exceptional commercial land offering presents a rare opportunity to acquire 3.54+/- acres ideally situated just off Hamilton Road, south of Warner Road in the Westerville (New Albany) submarket of Columbus, Ohio. The property, identified by APN 010-207682-00 in Franklin County, is zoned as a Planned Unit Development (PUD), allowing for a variety of commercial uses. The site's strategic location provides excellent visibility and accessibility, with convenient access to major freeways. This translates to a significant advantage for businesses seeking high traffic exposure and ease of transportation for employees and customers. The potential exists to develop up to three 1+/- acre commercial sites, each benefiting from a shared driveway off Hamilton Road. All necessary utilities are readily available on-site, simplifying the development process. Furthermore, the property's proximity to thriving areas enhances its appeal. It's located within 15 minutes of John Glenn Columbus International Airport, 20 minutes from Polaris, and just minutes from Downtown New Albany. The area is experiencing significant growth, with new apartment developments currently under construction nearby on Central College Road, indicating a strong and expanding local market. This presents a compelling investment opportunity for developers and businesses seeking a prime location in a rapidly developing area of Columbus. The property is offered for ground lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.