Property profile

3358 Us-42 Delaware, OH 43015

OFF-MARKET
Land
1.5 ac lot
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a remarkable investment opportunity in Delaware, Ohio. Located in Concord Township, off Sawmill Parkway, this property boasts a highly desirable B-2 Community Business District zoning classification, opening doors to a wide array of commercial ventures. The flat topography simplifies development, while existing on-site electric and water services significantly reduce upfront infrastructure costs. Adding to its appeal is a well-maintained barn, providing immediate storage solutions for any business. The property's strategic location within a thriving area of Delaware positions it perfectly for retail establishments, office spaces, or even religious institutions. This versatile lot offers a unique chance to establish a new business or expand an existing one, capitalizing on the area's growth and potential. The asking price is $450,000. The property is conveniently located at 3358 US Highway 42 S, Delaware, OH 43015. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3358 Us-42 Delaware, OH 43015
Delaware metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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