Waterloo Rd - Development Opportunity in Canal Winchester
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Waterloo Rd - Development Opportunity in Canal Winchester
9.5 Acres of Commercial Land Offered at $4,500,000 in Canal Winchester, OH 43110
Investment Highlights
- Prime development opportunity
- Tremendous potential for expansion
Executive Summary
Discover the potential of Southern Gateway into Canal Winchester, a prime piece of real estate that offers incredible potential for growth and development. This 9.5-acre property boasts a strategic location with strong traffic flow and immense growth prospects, making it an attractive investment opportunity. The seller is open and flexible to various deal structures, including breaking up the acreage, exploring potential partnerships, or pursuing any other creative ways to develop the property. The owner has already worked out an annexation agreement that the new owner can take over or continue negotiating to ensure a smooth transaction. Located in the heart of a densely populated neighborhood, this property offers tremendous potential for expansion as the Waterloo area cannot handle heavy traffic. With 15 parcels available for development, the possibilities are endless. Additionally, the property benefits from a TIF (tax increment financing) of 75% over 10 years, making it a sound investment choice.
Property Facts
| Price | $4,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 9.50 AC |
| Price | $4,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 9.50 AC |
1 Lot Available
Lot
| Price | $4,500,000 | Lot Size | 9.50 AC |
| Price Per AC | $473,684 |
| Price | $4,500,000 |
| Price Per AC | $473,684 |
| Lot Size | 9.50 AC |
9.5 acres spread on 2 sides of road with Waterloo Rd splitting them. This will allow you more street front property TIF offered at 75% Owner willing to split partials
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $18,100 | Total Assessment | $18,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$18,100
Improvements Assessment
$0
Total Assessment
$18,100
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Randy Sokol -
Sokol Realty LLC
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Waterloo Rd - Development Opportunity in Canal Winchester
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