0 Cleveland Ave Westerville, OH 43081
This exceptional 32.374-acre parcel presents a unique opportunity for mixed-use development in Westerville, Ohio. Strategically located at the intersection of Cooper Road and S Cleveland Avenue, this property boasts unparalleled access to major transportation arteries. Less than one mile from the I-270 interchange at Cleveland Avenue, it offers quick and easy connectivity to Columbus' extensive highway system. The site's proximity to Uptown Westerville (under one mile), Polaris (two miles), Easton (five miles), Downtown Columbus (eleven miles), and the Intel site (twelve miles) further enhances its desirability. Currently zoned as PD (Planned Development District), this land allows for a diverse range of development options, including office, retail, and residential uses, aligning perfectly with the West Main Street Strategic Location as outlined in the 2016 Westerville Strategic Plan. The substantial acreage offers flexibility, with the potential for division into smaller parcels to suit various development needs. This prime location and versatile zoning make this property an exceptional investment opportunity for developers seeking a high-impact project in a thriving Ohio community. The property's address is Cooper Road and S Cleveland Avenue, Westerville, OH 43081, within Franklin County.
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.