0 Hamilton Rd Gahanna, OH 43230
This exceptional 4.52-acre commercial land parcel presents a remarkable investment opportunity in Gahanna, Ohio. Strategically located on North Hamilton Road at the signalized intersection with Beecher Road, this property boasts high visibility and accessibility within a bustling commercial corridor. The site is comprised of two parcels, offering flexibility for development. One parcel is zoned Planned Commercial Center (PCC), while the other is zoned Community Commercial (CC), allowing for a variety of commercial uses. All utilities are readily available on-site, simplifying the development process. The property's convenient location places it less than one mile south of Morse Road and half a mile north of Johnstown Road/US-62, ensuring excellent connectivity and exposure to a large customer base. A deed restriction is in place, prohibiting the construction of a freestanding emergency department. This prime location, combined with its versatile zoning and readily available utilities, makes this 4.52-acre tract an ideal site for retail or office development. The asking price for this exceptional property is $1,300,000. This represents a significant opportunity to capitalize on the thriving commercial activity in this high-traffic area of Gahanna. The property's size and zoning provide ample room for a variety of development projects, making it an attractive investment for both experienced developers and new ventures.
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.