4014 Westerville Rd Columbus, OH 43224
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.
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Ohio Educational Awards (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.