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