8824 Morse Rd Pataskala, OH 43062
- Commercial real estate
- 31.83 lot acres
Current Use by Public Records
- Bookmark Farms / School / Horse Riding School
Property Details for 8824 Morse Rd
- Lot size
- 31.83 lot acres
- Property type
- Commercial real estate
Description
This exceptional 31.83-acre industrial land parcel in Pataskala, Ohio, presents a compelling investment opportunity. Currently zoned Agricultural and operating as an equestrian facility, this property boasts significant road frontage (626 feet) along Morse Road in Licking County (zip code 43062). Its strategic location offers unparalleled access to major transportation arteries, including less than half a mile from Hazelton Etna Road (Route 310), two miles from Route 161, and under seven miles from the Intel facility. The property's future land use map designates it for manufacturing, aligning with the nearby Worthington Road Commercial Overlay District, where similar properties have successfully transitioned to commercial zoning. Adding to its appeal, the property includes a one-bedroom, one-bathroom home with a detached garage, generating rental income. A high-capacity water well (30 gallons per minute) further enhances its value. The existing equestrian facility also presents a potential income stream prior to any development. This property offers a unique blend of immediate income potential and significant long-term development upside in a rapidly growing area. The asking price is $4,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pataskala
- County
- Licking
- State
- Ohio
- Longitude
- -82.6572269
- Latitude
- 40.0601785
