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Africa Rd - Parcel E - Westar Place 5 Acres of Commercial Land Offered at $1,744,900 CAD in Westerville, OH 43082
INVESTMENT HIGHLIGHTS
- Shovel ready site in Westerville's premier business district
- Amenity rich area home to local and global companies with access to a highly skilled regional workforce
- The City of Westerville offers competitive economic incentives and prides itself on a streamlined approval process
EXECUTIVE SUMMARY
Westar Place is a premier Class A corporate destination ideally located in Westerville. These shovel-ready sites are zoned with utilities in place. The city will ensure an expeditious permitting process and facilitate a timeline that meets the needs of today’s business environment.
The City/WICC are in the unique position of being the “master developer” for both the highly successful Westar Place business district and the East of Africa Road business district.
The City is in the final stages of the design phase of infrastructure planning, and expects to advance $30+ million in funding for all roads and utilities through the site, connecting to the regional transportation network, with construction to begin in early 2025. Upon completion, five shovel-ready parcels will be available for development, with the potential for private site construction to run concurrent with the infrastructure construction through 2025.
The City/WICC are in the unique position of being the “master developer” for both the highly successful Westar Place business district and the East of Africa Road business district.
The City is in the final stages of the design phase of infrastructure planning, and expects to advance $30+ million in funding for all roads and utilities through the site, connecting to the regional transportation network, with construction to begin in early 2025. Upon completion, five shovel-ready parcels will be available for development, with the potential for private site construction to run concurrent with the infrastructure construction through 2025.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,744,900 CAD | Lot Size | 5.00 AC |
| Price Per AC | $348,980.01 CAD |
| Price | $1,744,900 CAD |
| Price Per AC | $348,980.01 CAD |
| Lot Size | 5.00 AC |
Parcel E is a shovel-ready site located on Africa Rd and with a planned connection to Cleveland Ave through an extension of Westar Blvd in 2025.
DESCRIPTION
Parcel E is located on Africa Rd and with a planned connection to Cleveland Ave through an extension of Westar Blvd in 2025. This shovel-ready site is planned and zoned for corporate office or flex/industrial for advanced manufacturing, life sciences, and other high-growth industries identified in the Westerville Economic Development strategy.
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PROPERTY TAXES
| Parcel Number | 317-333-01-003-016 | Improvements Assessment | $0 CAD |
| Land Assessment | $519,796 CAD | Total Assessment | $519,796 CAD |
PROPERTY TAXES
Parcel Number
317-333-01-003-016
Land Assessment
$519,796 CAD
Improvements Assessment
$0 CAD
Total Assessment
$519,796 CAD
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Africa Rd - Parcel E - Westar Place
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