5424 Bixby Rd Canal Winchester Canal Winchester, OH 43110
This exceptional 39.762-acre property, located at 5424 Bixby Rd in Canal Winchester, Ohio (Franklin County, zip code 43110), presents a unique redevelopment opportunity. Currently zoned R - Rural, this expansive parcel offers significant potential for various uses. The land is priced at $200,000 per acre, totaling an asking price of $7,952,400. While an existing ranch-style home sits on one portion of the land, the sale is focused on the land value itself. The property's strategic location offers easy access to major transportation arteries, including US-33, providing convenient commutes to both Downtown Columbus (approximately 20 minutes away) and the vibrant Canal Winchester area. The property's proximity to established retail centers, such as Home Depot and Kroger, further enhances its appeal. The APN is 185-002601. This prime farmland presents a compelling investment opportunity for developers seeking a substantial land holding in a rapidly growing area. The property is situated near the Groveport corporation limit, adding to its development potential. This is a rare chance to acquire a large tract of land with excellent access and visibility in a desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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