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Africa Rd - Subarea C - Westar - East of Africa Rd 8.34 Acres of Commercial Land Offered at $2,910,493 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
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 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 | $2,910,493 CAD | Lot Size | 8.34 AC |
| Price Per AC | $348,980.01 CAD |
| Price | $2,910,493 CAD |
| Price Per AC | $348,980.01 CAD |
| Lot Size | 8.34 AC |
Shovel Ready Site. The City of Westerville’s East of Africa business district consists of 88 acres across five sites, and neighbors the established and thriving Westar Place business district.
DESCRIPTION
Shovel Ready Site. The City of Westerville’s East of Africa business district consists of 88 acres across five sites, and neighbors the established and thriving Westar Place business district
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PROPERTY TAXES
| Parcel Number | 317-332-01-017-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,988,099 CAD | Total Assessment | $1,988,099 CAD |
PROPERTY TAXES
Parcel Number
317-332-01-017-000
Land Assessment
$1,988,099 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,988,099 CAD
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Africa Rd - Subarea C - Westar - East of Africa Rd
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