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Property profile & analytics
OFF-MARKET
Land

5955 Harlem Rd Westerville, OH 43082

Property ID
Property summary
AI-generated overview

This exceptional 67.86-acre parcel in Westerville, Ohio (5955 Harlem Road, zip code 43082) presents a unique opportunity for residential development. Located in the desirable Big Walnut School District, this nearly shovel-ready property boasts approved plans for a 26-lot conservation subdivision. The expansive 2,959,030.8 square foot lot offers significant potential for high-value homes. Utilities are readily available, with gas, water, and electric already in place. Detailed plans and design standards are included, streamlining the development process. Its strategic location provides convenient access to major employers like Intel, as well as the nearby towns of Johnstown and New Albany. This is an exceptional opportunity to capitalize on the strong demand for residential properties in this thriving area. The asking price is $5,094,675. The property is situated in Delaware County, Ohio. Septic systems are planned for the subdivision.

Property profile
Verified
Property type Land
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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