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5201 US Highway 23 N - 5201 & 5305 US 23, Delaware, OH 43015 18.6 Acres of Commercial Land Offered at $3,180,600 in Delaware, OH 43015
Investment Highlights
- 29,000+ vehicles per day
- 18.6 Acres
- Hard corner on Troutman Road
Executive Summary
- 18.6 Total Acres of land with a hard corner on Troutman Road. Adjacent, contiguous land could be included in separate transaction.
- The 7 Acre Property has a 2,257 SF office building with a 625 SF Garage and has boat and RV storage that could be continued during an extended development process for additional income or incorporated into a new development and expanded. Annual Boat & RV storage revenue is in excess of $50k.
- 29,000+ vehicles per day traffic count on US 23
- Utilities include Electric, Del-Co Water, Natural Gas
- Across US 23 from Delaware State Park (signalized intersection) and across Troutman Road from RV Wholesalers which includes boat and RV storage (both with extensive convenience and fuel traffic)
820’ of frontage on US 23 and 1,000’ of frontage on Troutman Road
Sellers would be open to a potential Joint Venture or equity stake for the right opportunity/ Buyer/Development
Property Facts
1 Lot Available
Lot
| Price | $3,180,600 | Lot Size | 18.60 AC |
| Price Per AC | $171,000.00 |
| Price | $3,180,600 |
| Price Per AC | $171,000.00 |
| Lot Size | 18.60 AC |
Prime Development land on US 23, north of the City of Delaware on the West side. The property has a hard corner on Troutman Road.
Description
Property Highlights - 18.6 Total Acres of land with a hard corner on Troutman Road. Adjacent, contiguous land could be included in separate transaction for additional acreage. - 29,000+ vehicles per day traffic count on US 23 - Utilities include Electric, Del-Co Water, Natural Gas - Across US 23 from Delaware State Park (signalized intersection) and across Troutman Road from RV Wholesalers which includes boat and RV storage (both with extensive convenience and fuel traffic). Delaware State Park has over 200 campsites and those patrons would be heavy users of convenience, fuel, or restaurant on this property. - 820’ of frontage on US 23 and 1,000’ of frontage on Troutman Road - The 7 Acre Property currently has boat and RV storage that could be continued during an extended development process for additional income or incorporated into a new development and expanded.
Property Taxes
| Parcel Number | 619-300-04-001-000 | Improvements Assessment | $61,500 |
| Land Assessment | $51,940 | Total Assessment | $113,440 |
Property Taxes
Contact the Sale Advisor
5201 US Highway 23 N - 5201 & 5305 US 23, Delaware, OH 43015