3799 Park Mill Run DrHilliard, OH 43026

  • Land
  • 7,630 SF
For Sale

Property Details for 3799 Park Mill Run Dr

Year built
1994
Lot size
1.87 AC
Property size (Sq ft)
7,630 SF
Property type
Land
Property subtype
Commercial land
APN
050-007238
APU
50007238

Description

This exceptional 1.944-acre commercial land parcel presents a prime development opportunity in Hilliard, Ohio. Located at 3799 Park Mill Run Dr, 43026, this property boasts unparalleled visibility due to its strategic position near the intersection of Cemetery Road and Route 270, experiencing traffic exceeding 145,000 vehicles daily. The site is zoned PUD (Planned Unit Development), offering flexibility for a variety of commercial projects. A significant advantage is the secured 10-year tax abatement for any new construction, minimizing initial investment costs. This location is surrounded by a thriving retail environment, anchored by established national brands including Target, Home Depot, KFC, Panera Bread, Burger King, Chipotle, and Starbucks, ensuring high foot traffic and strong consumer demographics. The property's high daytime population and prominent position within a strong retail corridor make it an ideal investment for developers seeking a highly visible and accessible location for their next commercial venture. This is a rare opportunity to capitalize on a location with exceptional visibility and established retail success in a rapidly growing area. The Franklin County location offers easy access to major transportation arteries, further enhancing its appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,822,052
    Hospitality
    $1,668,990
    Educational
    $1,388,580
    Medical
    $1,436,335
    Retail
    $2,160,013
3799 Park Mill Run Dr, Hilliard, Ohio

Location Insight

City
Hilliard
County
Franklin
State
Ohio
Latitude
40.032
Longitude
-83.1203
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,450
$311,190
-
$311,190
-
$889,100
-
$889,100

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