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Property profile & analytics
OFF-MARKET
Land

0 Hamilton Rd Columbus, OH 43215

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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