Prime development Opportunity in Canal Winchester 9.5 acres
Land in the area that Canal really wants developed
Marketing description
Discover the potential of Southern Gateway into Canal Winchester, a prime piece of real estate that offers incredible potential for growth and development. This 9.5-acre property boasts a strategic location with strong traffic flow and immense growth prospects, making it an attractive investment opportunity.
The owner has been working with local authorities such as Fairfield County, Violet Township, and Canal Winchester to annex the property into the town. All parties involved are eager to see this valuable corner developed, making it an ideal time for potential investors to get involved.
The seller is open and flexible to various deal structures, including breaking up the acreage, exploring potential partnerships, or pursuing any other creative ways to develop the property. The owner has already worked out an annexation agreement that the new owner can take over or continue negotiating to ensure a smooth transaction.
Located in the heart of a densely populated neighborhood, this property offers tremendous potential for expansion as the Waterloo area cannot handle heavy traffic. With 15 parcels available for development, the possibilities are endless. Additionally, the property benefits from a TIF (tax increment financing) of 75% over 10 years, making it a sound investment choice
Investment highlights
NEW DEVELOPMENT GOING ON AROUND THIS LOCATION
VELOCITY HILL ROAD
This warehouse development will be located at 7995 Hill Road and is strategically positioned to offer space for the rapidly growing advanced manufacturing corridor. Combined with the planned US-33 improvements beginning Summer 2026 and access to over 52,000 production/transportation workers within 30 minutes, Velocity Hill Road offers a compelling turnkey solution for companies seeking modern industrial space.
KROGER-DILEY RD
A preliminary development plan has been approved for a new Kroger store in Greengate Plaza. The project will feature a 118,337-square-foot grocery store on a 13-acre site, along with four additional outparcels, one of which will be a Kroger fuel center. The new store will bring a major retail anchor to the growing Greengate Plaza area. Construction is expected to begin this fall.
OPUS
Opus has received final approval to build three speculative industrial buildings on 70 acres at Bixby Road and US 33. The company plans to begin construction this year on all three buildings, which will total over 897,000 square feet. This project represents an investment of more than $60 million, is expected to create 210 new jobs, and generate over $10 million in new payroll for the community.
COLUMBUS METROPOLITAN LIBRARY
Columbus Metropolitan Library will be opening a new branch at 123 Groveport Road, across from the Canal Winchester pool. The branch will be 30,000 square feet. Construction is near completion and they are projected to open in January 2026.
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