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Property profile & analytics
OFF-MARKET
Commercial real estate

4014 Westerville Rd Columbus, OH 43224

Built 1958
Property ID
US66-0527066
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to acquire four contiguous parcels totaling 3.165 acres (29,185.2 sq ft) at 4014 Westerville Road, Columbus, Ohio, 43224. The property, currently zoned for a use to be determined by the buyer, presents significant potential for redevelopment. The land was originally built upon in 1958, but the existing structures are not included in this sale. The sale includes all four parcels as a single unit, simplifying the acquisition process. The highest and best use is proposed as apartment or condominium development, making this an ideal investment for developers seeking a substantial project in a desirable Columbus location. Prospective buyers will be responsible for obtaining all necessary zoning approvals from the City of Columbus to proceed with their chosen development plan. This prime location offers excellent access to transportation routes and amenities, making it an attractive proposition for a variety of residential projects. The asking price for this significant land parcel is $1,400,000. Don't miss this chance to secure a substantial piece of Columbus real estate with significant development potential.

Property profile
Verified
Property type Commercial real estate
Year built 1958
UPID US66-0527066
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
Current use
Occupant on record · Public records
  • Ohio Educational Awards (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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