3963 Westerville Road
Prime 5.2 acres redevelopment Opportunity located on highly visible Westerville Rd.
Marketing description
5 ACRES DEVELOPMENT LAND FOR SALE
Westerville Road Redevelopment Opportunity
Columbus, Ohio | $1,500,000
Highlights
- 5.0± Acres
- Existing Motel on Site
- Redevelopment Opportunity
- Potential Multifamily Development
- Mixed-Use Potential (Retail + Apartments)
- High Visibility Westerville Road Location
- Across from Golf Course
- Additional 8± Acres Potentially Available
- Utilities Available (verify with city)
- Strong Growth Corridor
Investment highlights
Prime 5.2± acre redevelopment opportunity located on highly visible Westerville Road in Columbus, Ohio. The property currently includes an operating motel; however, the highest and best use may be redevelopment. Ideal for multifamily, mixed-use, retail, senior housing, self-storage, medical office, or other commercial development opportunities, subject to zoning and governmental approvals.
Strategically positioned along a major commercial corridor with strong traffic counts, established retail, and convenient access to I-270 and downtown Columbus. The site offers excellent frontage and visibility.
Additional development potential exists through the possible acquisition of an adjacent 8± acre parcel under the same ownership, creating a larger assemblage opportunity for qualified buyers.
Located directly across from a golf course and surrounded by ongoing residential and commercial growth. Rare opportunity to acquire a sizeable infill development site in a rapidly developing area of Central Ohio.
Asking Price: $1,500,000
Buyer to perform all due diligence regarding zoning, utilities, development feasibility, and future land use.
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