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Property profile

0 Cooper Rd Westerville, OH 43081

OFF-MARKET
Retail properties & Spaces
7.5 ac lot
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Property summary

AI-generated overview

This exceptional 7.5-acre parcel presents a remarkable development opportunity in Westerville, Ohio. Conveniently located on Cooper Road, this property boasts easy walking distance to Otterbein University, enhanced by a new pedestrian bridge. The site is zoned PD (Planned Development), allowing for a diverse range of uses including commercial, residential, office, and retail development. Its 080-011862-00 APN number ensures straightforward identification and transaction processes. All utilities are readily available, simplifying infrastructure integration for any project. The property's proximity to a recently constructed luxury apartment complex further underscores its desirability and potential for high returns. Given its size and versatile zoning, this land is ideally suited for projects such as student housing, capitalizing on the vibrant student population and the area's rapid growth. The location in Franklin County, Ohio, with a Westerville zip code of 43081, offers excellent access to amenities and transportation networks. This is a rare chance to acquire a significant land holding in a thriving area with strong potential for future appreciation. The property's latitude and longitude coordinates are 40.103752 and -82.9399371 respectively.

Property profile

Verified
Property type Retail properties & Spaces
Lot 7.5 ac (326,700 SF)

Cap rate & NOI

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

Location

Cooper Rd Westerville, OH 43081
Westerville 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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