Property profile

5010 Palmer Rd Millersport, OH 43046

FOR SALE
Commercial land
Property ID
US66-1099878
Entity Owned 8-yr Hold
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Property summary

AI-generated overview

*** PRICE $29,000,000 / $399,372 ACRE *** ***PRICE INCREASE 11/1/26*** ( BEHIND-THE-METER) Behind-the-meter (BTM) power generation refers to energy systems located on a customer's premises—behind the utility meter—that generate electricity for on-site consumption. Excess energy can often be exported to the grid, while some systems, like data centers, use BTM for high-density, reliable power. Greater Columbus Development Opportunity With Immediate Access to Heavily Trafficked Interstate I-70 With Over 65,000 + Avpd Along Site Frontage. 8,000+ Avpd Traffic Count on Sr-158. 3rd Lane on I-70 East/west Planned in Next 2-3 Years. *directly South of Industrial Park. (Two 500k Sqft Warehouses + Mixed Use Sites) Planed for Q3 2026. *14 Miles South of New Intel Site ****last Exit East on I-70 That is Not in Floodway With Strong Labor/infrastructure Until Zanesville Exit.**** Property is Located Off of the First Exit East of the Etna Sr 310 Interchange Where Amazon and Kohl's Distribution Centers Are Located. The Property is 1/2 Mile to Sr-158/I-70 Interchange, 15 Miles East of I-70/i-270 Interchange, 15 Miles to Newark, 3 Miles to Etna, Buckeye Lake, Hebron, 21 Miles to Downtown Columbus. ****Site is within 2500 ft North of 345-KV & 1 Mile West of 138-KV power lines for possible future Data Centers/Power Generation. Site Will Allow Approximately 1m Sq Ft Building With 40' Clear Height With Rerouting of the Creek. (Jurisdictional Water Way) 1350' of Frontage on I-70, 800' Frontage on Palmer Rd. The Property is Currently Zoned Agricultural, With the Ability to Be Re-zoned. *No Wetlands on Site. Sewer & Water Near Site. (1500-2000 Ft.Depending on connection point). Sewer access will be approximately close to subject property site by Q1 2027 (estimated). (2.5 MI. from SITE) Fairfield Energy Center will generate approximately 1,300 megawatts (MW) of electricity using a mix of modern gas turbines and energy storage systems. These technologies are highly efficient, producing more energy with less fuel while providing reliable power generation. *Data center expansion has recently surged across AEP Ohio's service area, particularly in Central Ohio. The growing presence of these facilities is a critical factor behind the region's soaring electricity demand, which is now projected to more than double by 2030. * Agent (David Coe) is Principal in This Property.

Property profile

Verified
Property type Commercial land
UPID US66-1099878

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5010 Palmer Rd Millersport, OH 43046
Millersport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
2 recorded transactions
2020
Price N/A
2018
Price N/A

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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