DEVELOPMENT OPPORTUNITY FOR SALE 550 Stimmel Rd Columbus, Oh 43223 3 Buildings totaling 18,020 +/- SF situated on 7.02 +/- acres Available Patrick Miller, pmiller@rweiler.com Skip Weiler, skip@rweiler.com, 10 N. High St. Suite 401 Columbus, Ohio 3215 614-221-4286 www.rweiler.com
Property Description PRIME DEVELOPMENT OPPORTUNITY! Excellent development potential. Frontage along west side of I-71 (South). Interim use dog kennels operating as Pilot Dogs Inc. 3 building, totaling 18,020 +/- SF on 7.02 +/- acres. The site is adequate in size and shape, and has a proper access to provide for institutional or industrial development (subject to rezoning). The site s existing zoning is R-3, Residential by the Columbus zoning code; however, it is very likely the site would be able to be rezoned for industrial use (which is consistent with the immediate land uses). The site has good exposure from Stimmel Road and is a suitable location for industrial or institutional development. Address: 550 Stimmel Rd Columbus, OH 43223 County: Franklin PID: 010-136824-00 Location: North of Stimmel Rd just east of Harmon Av Gross Size: 18,020 +/- SF Building 1: Building Size: 9,384 +/- SF Year Built: 1960 1,080 +/- SF apartment & 1,412 +/- Sf Offices Building 2: Building Size: 4,996 +/- SF Year Built: 1983 unfinished Building 3: Building Size: 3,640 +/- SF Year Built: 1996 unfinished Acreage: 7.02 Sale Price: $850,000 Zoning: R3 - Residential Click here to view zoning text
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Property Location FRANKLINTON DOWNTOWN Scioto Audubon Metro Park GERMAN VILLAGE Greenlawn Ave Stimmel Rd Harmon Ave McCoy Park Site Here SCIOTO Berliner Sports Park Great Location! Easy access to I-71 & I-70 10 minutes to downtown Columbus 15 minutes to Columbus Airport
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City Highlights REGIONAL OVERVIEW THE COLUMBUS REGION The Columbus Region is an 11-county area comprising Delaware, Fairfield, Franklin, Knox, Licking, Logan, Madison, Marion, Morrow, Pickaway and Union counties. This Region represents the coverage area of Columbus 2020 s economic development activities. Logan County Marion County Knox County The Columbus Region varies from the Columbus Metropolitan Statistical Area (MSA), which comprises 8 of the above 11 counties (excluding Knox, Logan and Marion) and an additional two (Hocking and Perry). Wherever possible, the information and data in this document covers the 11-county region. However, some data is only available at the MSA level and is identified as such in the text, title or source. Eleven-county region located in Central Ohio Population of 2 million people Population growth rate of 1.3 percent annually Ten-county Columbus MSA, 2nd fastest growing among Midwest metro areas with at least 1 million in population Driver of Ohio s population and economic growth 62 college and university campuses More than 140,000 college students Home to 15 Fortune 1000 headquarters 68 Columbus U.S. Population within 500 miles Chicago 139,187,116 44% 83,826,331 27% COLUMBUS AND FRANKLIN COUNTY State capital and largest Ohio city 15th largest city in the U.S. COLUMBUS IS WELL CONNECTED TO THE REST OF THE U.S. AND BEYOND Port Columbus International Airport: 31 destination airports with more than 140 daily flights Enhanced freight rail connections to East Coast ports in Norfolk, VA, Baltimore, MD, and Wilmington, NC Columbus is within 500 miles of 44 percent of the U.S. population, higher than other major distribution centers in the U.S. (Source: ESRI Business Analyst, 2013) Pittsburgh Atlanta 137,265,695 44% 81,371,175 26% Louisville Savannah 117,447,431 37% 66,009,482 21% Indianapolis Dallas 110,615,985 35% 47,526,233 15% Virgina Beach Los Angeles 102,716,781 33% 46,902,095 15% Charlotte Minneapolis 98,258,083 31% 44,152,696 14% St.Louis Phoenix 96,002,428 31% 38,438,798 12% Memphis Denver 91,338,138 29% 17,178,926 5% New York Seattle 90,949,182 29% 12,810, 661 4% = 10%
City Highlights FORTUNE 10 0 0 HEADQUARTERS Marion County Logan County Knox Count y 50 0 miles 80 0 km 250 miles 40 0 km TORONTO 9 0 75 DETROIT 80 CHICAGO 80 90 CLEVELAND 80 COLUMBUS 70 INDIANAPOLIS 71 CINCINNATI 70 ST. LOUIS LOUISVILLE PITTSBURGH 6 4 RICHMOND 6 4 65 77 4 0 75 ATLANTA 77
Offering Memorandum This confidential Offering memorandum has been prepared by The Robert Weiler Company for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The information contained in the Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property for your needs. All potential buyers must take appropriate measures to verify all of the information set forth herein. Both The Robert Weiler company and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained information is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or The Robert Weiler Company for the accuracy of completeness of the Memorandum. A prospective purchaser must make its own independent investigations, projections, and conclusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement, approved by Seller, shall bind the property. Each prospective purchaser and /or broker proceeds at its own risk.