0 Cooper Rd - Land Development Opportunity
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Investment Highlights
- Easy walking distance to Otterbein University by new pedestrian bridge.
- Permitted uses: Office, Retail, Commercial & Residential.
- Possible Student Housing Development.
- Adjacent to luxury apartments.
Executive Summary
Discover a unique commercial land development opportunity in the heart of Westerville, Ohio. This 7.5-acre property, located along Cooper Rd, offers a strategic location within easy walking distance to Otterbein University, making it an ideal site for potential student housing development or a mixed-use space that could serve a variety of needs in the community. Westerville is a thriving city with a deep talent pool, a growing economy, and a high quality of life. It’s home to some of America’s leading global brands and offers a diverse business base. The city is young and educated, with a median age of 40.6 and more than 35% of those 25 and older having a bachelor’s degree or higher. The median household income in Westerville, OH in 2022 was $103,617, reflecting the economic prosperity of the area.
The property is adjacent to luxury apartments and has permitted uses for office, retail, commercial, and residential developments. Its proximity to major freeways including Interstate 270 and Interstate 71 provides excellent connectivity. The city is served by John Glenn Columbus International Airport, which is approximately 9.1 miles away. Westerville is rich in cultural amenities with landmarks like Towers Hall, Everal Barn & Homestead, First Responders Park, and Astronaut Grove. These factors combined make this property an attractive prospect for developers looking to invest in a vibrant and growing community.
The property is adjacent to luxury apartments and has permitted uses for office, retail, commercial, and residential developments. Its proximity to major freeways including Interstate 270 and Interstate 71 provides excellent connectivity. The city is served by John Glenn Columbus International Airport, which is approximately 9.1 miles away. Westerville is rich in cultural amenities with landmarks like Towers Hall, Everal Barn & Homestead, First Responders Park, and Astronaut Grove. These factors combined make this property an attractive prospect for developers looking to invest in a vibrant and growing community.
Property Facts
1 Lot Available
Lot
Lot Size | 7.50 AC |
Lot Size | 7.50 AC |
LOT SALE PRICE: SUBJECT TO OFFERS
Description
Development opportunity with easy walking distance to Otterbein University by new pedestrian bridge. Possible student housing development in a rapid growing area.
PROPERTY TAXES
Parcel Number | 080-011862 | Improvements Assessment | $0 |
Land Assessment | $444,115 | Total Assessment | $444,115 |
PROPERTY TAXES
Parcel Number
080-011862
Land Assessment
$444,115
Improvements Assessment
$0
Total Assessment
$444,115
zoning
Zoning Code | PD (Planned Development) |
PD (Planned Development) |
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0 Cooper Rd - Land Development Opportunity
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