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Property profile & analytics
OFF-MARKET
Land

21515 Higgins Rd Bowerston, OH 44695

3.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.88-acre commercial land parcel presents a compelling investment opportunity in Bowerston, Ohio. Located at 21515 Higgins Rd, this property boasts a highly desirable C2-SC-SP zoning designation, permitting a diverse range of commercial uses, including retail, mixed-use retail/residential, multifamily (up to 4 dwelling units per acre), mini-storage (with a use permit), office/medical office, or business park-related developments. The site enjoys excellent visibility and accessibility, with direct frontage on Combie Rd, a road experiencing 15,000 vehicles daily. Its strategic location places it directly south of the newly constructed Higgins Marketplace, a grocery-anchored shopping center featuring Holiday Market and Quick Quack Car Wash, and west of Combie Plaza, anchored by CVS, Chevron, and Starbucks. This area benefits from the recently adopted Greater Higgins Area Plan, projecting significant growth in residential and commercial development by 2042. The property's proximity to Highway 49, halfway between Grass Valley (13 miles) and Auburn (10 miles), provides convenient access to a substantial population base. Furthermore, the site is situated near established residential communities such as Lake of the Pines (1,884 homes) and Cascade Crossings (80 homes), ensuring a readily available customer base. The asking price for this remarkable development site is $1,700,000. This represents a unique chance to capitalize on the burgeoning commercial growth in this strategically positioned location. The property's zoning and location make it ideal for a variety of commercial ventures, offering significant potential for long-term return on investment.

Property profile
Verified
Property type Land
Lot 3.88 ac (169,013 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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