Re-Development Opportunity

3801 Westerville Road Columbus, OH 43224

3801 Westerville Road, Columbus, OH, 43224
3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224 3801 Westerville Road, Columbus, OH, 43224
FOR SALE
Property Type:
Other Land
Amount:
$799,000
Last Verified:
Aug 06, 2024

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Highlights

  • Re-Development
  • Zoned Residential
  • Multiple Uses Possible
  • Prime Location

Description

Introducing an exceptional investment opportunity at 3801 Westerville Road, Columbus, OH, 43224. This prime property boasts a coveted residential zoning designation, offering endless potential for re-development opportunities and growth. Nestled in the thriving Northeast Columbus market, this sought-after location provides a blank canvas for innovative investment strategies. Seize the chance to capitalize on the city's burgeoning real estate market and create a landmark development at this remarkable property. With its versatile zoning and strategic position, this property is a compelling choice for astute land investors seeking to make a significant impact in the Columbus market.

Heading South on Route 3 Property is just South of Morse Rd on the West (Right) side of the street.

Lot Size: 1.84 acres


Documents

Offering Memorandum (L)

Map of 3801 Westerville Road, Columbus, OH, 43224

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.