543 N Cleveland Ave Westerville, OH 43085
For Sale
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This exceptional 0.85-acre commercial land parcel, located at 543 N Cleveland Ave in Westerville, Ohio (zip code 43082), presents a unique investment opportunity. Zoned for commercial use, this property boasts high visibility due to its frontage on Cleveland Avenue, a major thoroughfare experiencing approximately 20,000 vehicles daily. All utilities are conveniently located on-site, simplifying development plans. The property is situated within a thriving planned community, alongside established businesses such as BMI Federal Credit Union, Vertiv, Mac Tools, and ABB, ensuring a strong and desirable commercial environment. This strategic location offers excellent potential for a variety of commercial ventures, benefiting from the high traffic volume and proximity to successful, well-known companies. The asking price for this exceptional land parcel is $750,000. Delaware County location provides access to a robust infrastructure and a strong local economy. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a rapidly growing area.
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BMI Federal Credit Union Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.