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    Property profile & analytics

    5955 Harlem Rd Westerville, OH 43082

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5955 Harlem Rd

    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    County
    Delaware
    State
    Ohio
    Longitude
    -82.8389
    Latitude
    40.1505

    Comparable in this City

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      Fancher Rd

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      State Rte 3rd 3

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    5955 Harlem Rd
    Westerville, OH 43082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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