Property profile

2880 Liberty Rd Delaware, OH 43015

OFF-MARKET
Land
Property ID
US66-1741035
23.73 ac lot
Individually Owned 3-yr Hold
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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 Land
Lot 23.73 ac (1,033,679 SF)
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

Location

2880 Liberty Rd Delaware, OH 43015
Delaware metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2023
Price N/A
2021
$700,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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