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Property profile

0 Located At The Cor Of Courter Rd And Columbia Rd Pataskala, OH 43062

OFF-MARKET
Warehouses
104 ac lot
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Property summary

AI-generated overview

This exceptional 104-acre vacant land parcel presents a unique investment opportunity in the thriving city of Pataskala, Ohio. Located at the corner of Courter Road and Columbia Road SW, this property offers significant potential for a variety of developments. Currently zoned for industrial use, with pending rezoning underway, it's ideally suited for single or multi-family residential, senior living facilities, or industrial projects. The property is divisible into two parcels, one exceeding 40 acres and the other over 60 acres, providing flexibility for various development scenarios. The asking price is $4,680,000, translating to $45,000 per acre. An existing farm rental agreement generates $21,000 annually, offering potential supplemental income. The property benefits from its strategic location, just one mile from State Route 16, ensuring excellent accessibility. Utilities are being actively extended to the site, further enhancing its development readiness. Situated within the Licking Heights School District and the Pataskala Municipality, this property offers a compelling combination of location, size, and potential, making it an attractive investment for discerning buyers.

Property profile

Verified
Property type Warehouses
Lot 104 ac (4,530,240 SF)

Cap rate & NOI

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

Location

Located At The Cor Of Courter Rd And Columbia Rd Pataskala, OH 43062
Pataskala metro
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Value estimations

Realmo proprietary · 4 methods
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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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