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    OFF-MARKET
    Commercial real estate

    2880 Liberty Rd, Delaware, OH 43015

    23.73 ac lot
    Individually Owned 3-yr Hold
    Property ID
    US66-1741035
    Property summary
    AI-generated overview

    This exceptional 23.73-acre property in Delaware County, Ohio, presents a unique investment opportunity. Currently zoned for industrial use, but with potential for rezoning, this flat land boasts approved plans for 93 residential homes, making it ideal for developers seeking a prime location within the highly desirable Olentangy Local School District. The property features tree lines along its perimeter, providing natural beauty and privacy. All utilities are readily available on-site, with the exception of sewer, which can potentially be annexed from the Delaware City system at the nearby Stratford Woods development. The asking price is $5,000,000, translating to approximately $210,000 per acre. The property's APN is 41924001042000. Located at 2880 Liberty Rd, Delaware, OH 43015, this land parcel offers significant potential for both residential and potentially industrial development. Its strategic location and approved residential plans make it a compelling investment opportunity. The current zoning is Farm. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 23.73 ac (1,033,679 SF)
    APN 41924001042000
    UPID US66-1741035
    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
    Fincon Developers Ltd · 3 yrs held
    Fincon Developers Ltd
    since 2023
    3 recorded transactions
    2023
    2023
    2021
    $700,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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