Property profile

0 Hickory Chase Way Hilliard, OH 43026

OFF-MARKET
Land
3.43 ac lot
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Property summary

AI-generated overview

This exceptional 3.43-acre commercial land parcel, located at 0 Hickory Chase Way in Hilliard, Ohio (Franklin County, zip code 43026), presents a unique investment opportunity. The property, identified by APN 050-011429-00, is zoned PUD - Planned Unit Development, Sub Area E1. This zoning allows for a wide range of potential uses, including the development of up to 179 senior assisted living units. Alternatively, the zoning also permits accessory uses such as medical or general office spaces, a bank or credit union, or even a bar or restaurant. The property boasts a highly desirable corner location at the northeast intersection of Library Way and Hickory Chase Way, ensuring excellent visibility and convenient access to major roadways. Its strategic placement between the Columbus Metropolitan Library and existing independent living apartments further enhances its appeal and potential for success. The asking price for this exceptional property is $395,000. This represents a compelling opportunity to capitalize on the growing demand for senior care facilities and other commercial services in the thriving Hilliard community. Don't miss this chance to acquire a prime piece of commercial real estate with significant development potential.

Property profile

Verified
Property type Land
Lot 3.43 ac (149,411 SF)

Cap rate & NOI

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

Location

Hickory Chase Way Hilliard, OH 43026
Hilliard 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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