5955 Harlem Rd Westerville, OH 43082
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.
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
Similar Nearby for Lease
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.