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Property profile

0 Cleveland Ave Westerville, OH 43081

OFF-MARKET
Mixed-use properties
32.37 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Lot 32.37 ac (1,410,211 SF)

Cap rate & NOI

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

Location

Cleveland Ave Westerville, OH 43081
Westerville metro
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Value estimations

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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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