115 Innovation Ct Delaware, OH 43015
- Industrial properties
- 200,000 SF
- 13.06 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 115 Innovation Ct
- Lot size
- 13.06 lot acres
- Property size
- 200,000 SF
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
Description
This exceptional 200,000-square-foot manufacturing facility, situated on 13.06 acres in Delaware, Ohio, presents a prime opportunity for businesses seeking flexible industrial space. Located at 115 Innovation Ct, 43015, the property offers multiple tenancy options, with spaces ranging from a minimum of 20,000 square feet up to the entire 200,000 square feet contiguous. The site boasts a highly desirable M1 manufacturing zoning designation within the City of Delaware, which offers significant economic incentives. These include a potential real estate tax abatement (CRA) of up to 100% for 15 years, a revolving loan fund of $25,000 per employee for machinery and equipment, and a negotiable economic development grant of up to $50,000. The property is "shovel ready" and benefits from readily available utilities, including a 16-inch water line provided by the City of Delaware, Columbus Gas of Ohio, and Consolidated Electric Cooperative, capable of supplying up to 12 megawatts of power. A dual feed substation is conveniently located just one mile to the northwest. The Delaware income tax rate is 1.85%. This is an unparalleled opportunity to establish or expand your manufacturing operations in a thriving Ohio location with substantial financial incentives.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delaware
- County
- Delaware
- State
- Ohio
- Longitude
- -83.1114
- Latitude
- 40.2756
