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5010 Palmer Rd - FUTURE DATA/POWER GEN./INDUS. SITE 14MI-INTEL

68 Acres of Commercial Land Offered at $14,000,000 in Millersport, OH 43046

Investment Highlights

  • EXCELLENT visibility to I-70.

Executive Summary

***Agent (David Coe) is sole Principal in this property***
***FUTURE DATA/ POWER GENERATION/ INDUSTRIAL SITE***
Development land along I-70 Freeway Frontage - 65,000+ AVPD 14 Miles (20-23 Min drive time) to
INTEL/AWS/Microsoft/META sites totaling $60 Billion. https://www.welcomeintel.com/
Asking price is
$205,882 Per Acre “survey-able”
***This Properties "Highest/Best Use" would be Industrial/Distribution and Data Center-colocation Combined (with the future substation within approx 3000 ft or less of site coming in the future. ***
.Property is located off of the first
exit east of the Etna SR 310 interchange where Amazon and Kohl's distribution centers are located. The
property is 1/2 mile to SR158/70 interchange,15 miles east of I70/I-270 interchange,15 miles to Newark, 3
miles to Etna, Buckeye Lake, Hebron, 21 miles to downtown Columbus. Site will allow approximately 1M sq
ft building with 40' clear height with rerouting of the creek. (Jurisdictional water way) 1350' of frontage on
I-70, 800' frontage on Palmer Rd. The property is currently zoned agricultural, WITH THE ABILITY TO
REZONE.
***Data center expansion has recently surged across AEP Ohio's service area, particularly in Central Ohio. The growing presence of these facilities is a critical factor behind the region's soaring electricity demand, which is now projected to more than double by 2030.

Property Facts

Price $14,000,000
Sale Type Investment
Sale Conditions Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Mixed Use
  • Retail Warehouse
  • Utility Substation
Total Lot Size 68.00 AC

1 Lot Available

Lot

Price $14,000,000
Price Per AC $205,882
Lot Size 68.00 AC

68 +/- Acres EXCELLENT visibility to the adjacent I-70. An excellent location for a **Data Center or Warehouse.345kV 2500ft south of site/ 138kV 5000ft east of Site Development land along I-70 Freeway Frontage-65,000+ AVPD 14 Miles (20-23 Min drive)

Description

68 +/- Acres EXCELLENT visibility to the adjacent I-70. An excellent location for a Data center or warehouse. ****345kV 2500ft south of site/ 138kV 5000ft east of Site**** Development land along I-70 Freeway Frontage-65,000+ AVPD 14 Miles (20-23 Min drive) Flat ground with a minor waterway that may need to be relocated.small ditch is 2800 ft +/-

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
026-080070-00.000
Land Assessment
$293,270
Improvements Assessment
$0
Total Assessment
$293,270

zoning

Zoning Code Highway Com. (Future) (Currently Zoned Agg. Ability to get RE-ZONED. JEDD/CRA IN PLACE 100% 15 Year Tax Abatement.)
Highway Com. (Future) (Currently Zoned Agg. Ability to get RE-ZONED. JEDD/CRA IN PLACE 100% 15 Year Tax Abatement.)
  • Listing ID: 33598360

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 5010 Palmer Rd, Millersport, OH 43046

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