0 Columbus Pike & Cheshire Rd Delaware, OH 43015
This exceptional 26.75-acre commercial land parcel presents a unique investment opportunity in Delaware County, Ohio. Ideally situated at the southeast quadrant of Columbus Pike and Cheshire Road, the property boasts 600 feet of frontage along Columbus Pike, providing excellent visibility and accessibility. The site is zoned B-4, General Business District, allowing for a wide range of commercial development possibilities. Located just four miles from Ohio Wesleyan University, this location benefits from a strong and growing surrounding community. Delaware County itself is experiencing remarkable growth, with the population having doubled since 2000. This surge in population is reflected in the average home value within a three-mile radius, which stands at $302,135, indicating a high-demand area with significant purchasing power. The property's size and strategic location make it an ideal site for a variety of commercial ventures, capitalizing on the area's robust economic expansion and affluent demographic. The zip code is 43015. This is a rare opportunity to acquire a substantial commercial land holding in one of Ohio's fastest-growing counties.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.