5700 Columbus PikeLewis Center, OH 43035
- Land
- 4.32 AC
Property Details for 5700 Columbus Pike
- Lot size
- 4.32 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 318-220-02-003-000
- APU
- 31822002003000
Description
This exceptional 13+ acre commercial land parcel, located at 5700 Columbus Pike in Lewis Center, Ohio (zip code 43035), presents a unique investment opportunity. The property boasts a substantial 566,280 square foot lot size, strategically positioned at the intersection of Columbus Pike and Hyatts Road. Its zoning as Planned Commercial & Office allows for diverse development options, including assisted living facilities, retail spaces, and various commercial or office uses, as well as hospitals, medical facilities, and laboratories. The site is already partially configured, with approximately 6.4 acres suitable for assisted living, 3 acres for retail, and three 1-1.5 acre outlots for additional commercial development. Building setbacks are 50 feet, and the property features a 110-foot right-of-way. The location offers potential for right-in/right-out access on Columbus Pike, with water readily available along Columbus Pike and sewer access near the intersection of Columbus Pike and Hyatts Road within the right-of-way. This prime location and flexible zoning make this a highly desirable site for developers seeking a versatile and strategically located property. The asking price for this exceptional opportunity is $5,520,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $44,927,068
- Hospitality
- $41,152,952
- Educational
- $34,238,772
- Medical
- $35,416,296
- Retail
- $53,260,316
Location Insight
- City
- Lewis Center
- County
- Delaware
- State
- Ohio
- Latitude
- 40.2122
- Longitude
- -83.0336
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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