LAND FOR SALE - LoopNet · the growing pains will be the worst part.” Griffin said buyers have...

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LAND FOR SALE Skip Weiler [email protected] 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com 268.22+/- Acres Development Land 6871 Columbus Pike Lewis Center, Ohio 43035 New Home Home Rd Lewis Center RAILWAY Columbus Pike Extension Road Graphics Way

Transcript of LAND FOR SALE - LoopNet · the growing pains will be the worst part.” Griffin said buyers have...

Page 1: LAND FOR SALE - LoopNet · the growing pains will be the worst part.” Griffin said buyers have reserved a few dozen lots in- Ev ans Farm, and he expects about 50 lots to be spoken

LAND FOR SALE

Skip [email protected]

10 N. High St. Suite 401 Columbus, Ohio 43215

614-221-4286www.rweiler.com

268.22+/- Acres Development Land

6871 Columbus PikeLewis Center, Ohio 43035

New Home

Home Rd

Lewis Center

RAILWAY

Columbus Pike

Extension Road

Graphics W

ay

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Property DescriptionDEVELOPMENT PROJECT OPPORTUNITY!

268.22 +/- acres of land mixed use development project located in Delaware County. Recently 11 +/- acres sold to the Mount Carmel Health Systems and 9 +/- acres to an assisted living user. Currently zoned Planned

Development - Commercial/Residential District. Located directly on US 23 south of Delaware near Home Road. High traffic area with positive demographics. Proposed plan includes the extension of Home Rd and extension

of sanitary sewer to the site.

Address: 6871 Columbus Pike Lewis Center, Ohio 43035

County: Delaware

PID: 31821003023000, 31821315013001 31821315013000, 31823001001000 31822004026000, 31824002001000 31822004029000

Location: Directly on US - 23 across adjacent to Home Road

Acreage: 268.22 +/- Acres

Sale Price: See Pricing Map

Zoning: PCD - Planned Commercial &OfficeDistrict PC East - Planned Commercial &OfficeDistrictEast PERD -PlanedElderlyResidential District SFPRD -SingleFamilyPlanned ResidentialDistrict (Contact Skip for Zoning Text)

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Pricing Map

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Home Road Extension

Lewis Center Road (C.R. 106)

Home Road (C.R. 124)

U.S

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Home Road at U.S. 23Conceptual Location and Access Management Plan

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Existing public road (newer than 2010)

Proposed 4/5-lane public road

Proposed 2/3-lane public road

Proposed non-public road or driveway

Full access, traffic signal

Full access, unsignalized

3/4 access, no left out

1/2 access, right in/right out

Overpass

Intersection/signal removed

Legend

Delaware County Engineer's Office50 Channing StreetDelaware, Ohio 43015Phone: 740.833.2400Fax: 740.833.2399email: [email protected]: www.DelawareCountyEngineer.org

Prepared by:

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Property Location

Great Location!20 minutes to Polaris or Easton

5 minutes to FreewaysClose to Alum Creek Lake

Polaris Fashion Place

TOPGOLF

Polaris Pkwy

DELAWARE

Alum Creek Lake

Scio

toHoover

Reservoir

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Columbus PikeAlum Creek

State Park Beach

Powell Rd

Highbanks Metro Park

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Street Maps

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Evans Farm project to include homes, apartments, stores, senior housing... http://www.dispatch.com/content/stories/local/2016/05/21/Evans-Farm-p...

1 of 4 7/19/17, 12:42 PM

ByJimWeiker,TheColumbusDispatchPostedMay21,2016at12:01AMUpdatedMay21,2016at9:54AM

Work is scheduled to begin next month on Evans Farm, a 1,250-acre residential and commercial development in southern Delaware County that developers say will be one of the nation’s finest examples of a “new urbanist” town when finished. The development is expected to include 2,200 houses, hundreds of apartments, two commercial districts including a “downtown,” an elementary school, a small farm, a retirement community, fire and police substations, parks and a trout stream, all in small-town layout.

WorkisscheduledtobeginnextmonthonEvansFarm,a1,250-acreresidentialandcommercialdevelopmentinsouthernDelawareCountythatdeveloperssaywillbeoneofthenation’sfinestexamplesofa“newurbanist”townwhenfinished.

Thedevelopmentisexpectedtoinclude2,200houses,hundredsofapartments,twocommercialdistrictsincludinga“downtown,”anelementaryschool,asmallfarm,aretirementcommunity,fireandpolicesubsta-tions,parksandatroutstream,allinsmall-townlayout.

“Thiswillbetheplaceweallgrewupin,theplacewhereyouknowyourneighbors,”saidDanielGriffin,apartnerinEvansFarmLandDevelopmentCo.“Thiswilltrulybeatown.It’sGranvilleorOldWorthington.”

EvansFarmwillfeaturetraditional-stylehomesonsmalllotswithfrontporches.Garageswillsitbehindthehomes,insomecasesaccessedbyalleys.Sidewalkswilllinethestreets.

Inscale,EvansFarmrivalsonlyafewcentralOhiodevelopments,includingMuirfield,NewAlbany,JeromeVillageandNorthstar.

Unlikethosedevelopments,whichbeganwithhousingorgolfcourses,EvansFarmwillstartwithhousesandacommercialdistrict.

Griffinandhispartner,TonyEyerman,plantostartworkinJunelayingsewerlinesforthefirstphaseoftheproject,onthenorthsideofLewisCenterRoadeastofRoute23.

Thatphasewillinclude144homesandEvansFarm’sdowntown.Griffinsaidheexpectsconstructionofthefirsthousesandcommercialbuildingstostartatthefirstoftheyear,afterinfrastructureislaid.

GriffinsaidtenantsinterestedinthedowntownpartoftheprojectincludetheYMCAandseveralrestaurants.Mostofthecommercialbuildingswillbetwoorthreestorieswithapartmentsabovethebusinesses.

OrangeTownshipapprovedzoningforthe550acresofEvansFarminthetownship,anddevelopersarenowpursuingzoningfortheadjoining700acresinBerlinTownship.

“It’sexcitingthatOrangeTownshipwillnowhaveatowncenter,”saidTrusteeDebbieTaranto.”Wedon’treallyhaveanysignificantplacethatwecancallthego-toplacefortheresidentsofOrangeTownship.”

Developmentwillstartonthesouthandmovenorth.Griffinestimatedthattheprojectwouldtake10yearstocomplete.

Theland,whichwillcontinuetobefarmeduntildevel-oped,isownedbytheEvansCapitalInvestmentCorp.,whichalsoownsEvansAdhesiveCorp.

Thefamilystartedacquiringthepropertyin1963,saidRowanneStewart,great-granddaughterofcompanyfounderA.L.EvansanddaughterofSamLoos,whofarmedthepropertyuntilhisdeathin2008.

AfterLoos’death,thefamilybeganinterviewingdevel-opers.ThroughEyerman,aland-useplanner,thefamilyfoundGriffin,aCincinnatideveloperwhobuiltTartanFieldsinDublin.

“WefeltwithDan,hisabilitytodocreativethingsinotherdevelopmentswasimportant,”saidStewart,aMontanaresidentwhoisvicechairwomanofEvansCapitalInvestment.

“Ilookatdevelopmentsthatlooksterileandinstitution-al.Onehouselooksthesameasthenext,withplasticplaygroundsinsteadoftreesandacreek,”Stewartsaid.“Itwasimportanttoustomaintainsomeofthenaturalwaterways,thenaturalwoodlots,thenaturalfencerows.Hopefully,thekidswholivetherecanclimbthesametreesIdid.”

Familymembersarealsoeagertoavoidaseaofcook-ie-cutterhomes.

“Wedidn’twanttoseesomeofthesebighousingprojectsthatgoup,”saidGusHoster,chairmanofEvansCapitalInvestment.“Wehadadifferentvisionfortheproperty.”

GriffinandEyermansaytheyaremodelingEvansFarmafterplannedcommunitiesthatseekatraditionalsmall-townfeelsuchasWesthaveninTennessee,StapletoninColoradoandCelebrationinFlorida.

Theysayonlycustomhomebuilderswillworkinthedevelopment,andtheywillnotbeallowedtobuyblocksofadjoininglotsastheywouldinconventionaldevelopments.

Lotswillrangefrom$55,000to$200,000,Griffinsaid.Buyersthencanchoosefromamong12to15approvedbuilders.Griffinsaidheexpectsfinalhomepricestostartinthelow$300,000s.

Thesmallestlotswillbe40feetwide,comparabletosometraditionalneighborhoodssuchasClintonvillebutabouthalfthesizeoflotsfoundinmanynewsubdivi-sions.

Inaddition,mosthomeswillsit10feetfromthesidewalkinsteadofthe30feetorsocommoninnewcommunities.Homescanalsobebuiltascloseas6feetfromthelot’sedge,comparedwiththemoreconven-tional25feet.

“We’remostexcitedaboutthenarrowlots,”saidLeeSolomonides,directorofsalesandmarketingwith3PillarHomes.“Withluxuryfinishesinverythoughtfuldesignstomaximizethespace--that’sthethingnewesttothemarketplace.”

Solomonideswondersabouttheabilitytodevelopacommunitythislargeonelotatatime.Yet,”Ialsothinkthisisanopportunitytoallowfordiversity and consumer choice, if it works the way the developer wants it to work.”

AllynJohnson,whoownstheFocusConvenienceMarketacrossthestreetfromEvansFarm,supportsthedevel-opmentandsaid“peoplewhoownhomesaroundhereareoverwhelminglyinfavorofit.”

AttheLewisCenterBarberShopnextdoor,EmmaleeEagonalsowelcomesthedevelopmentbutworriesaboutthetrafficitwillbringtothetwo-laneLewisCenterRoad.

“Whenallissaidanddone,itwillprobablybegood,butthegrowingpainswillbetheworstpart.”

GriffinsaidbuyershavereservedafewdozenlotsinEv-ansFarm,andheexpectsabout50lotstobespokenforafteraSundayopenhousetopromotethecommunity.

Ayearago,GriffinmovedfromtheCincinnatiareatoColumbustofocusontheproject,whichheexpectstobehislast.

“Iwanttodoonelastuniqueproject,”hesaid.“Ibelievethiswillbetoutedaroundthecountryasthefinestnewurbanistdevelopmentinthecountry.”

[email protected]

@JimWeiker

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Mount Carmel Article

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Demographics & Traffic

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County Highlights

9FACTBOOK

delaware county

EMPLOYMENT BY INDUSTRY

DEMOGRAPHICS

196,463RESIDENTS

37.8MEDIAN AGE

65,648HOUSEHOLDS

$91,955MEDIAN HOUSEHOLD INCOME

COLUMBUS REGION EMPLOYMENT BY INDUSTRY

Construction and Mining

4%7%

3%

14%

3%

7%

24%

10%

16%

3%

9%Manufacturing

Wholesale Trade

Retail Trade

Transportation and Utilities

Financial Activities

Professional and Business Services

Education and Health

Leisure and Hospitality

Other Services

Government

WORKFORCE

3.5% UNEMPLOYMENT RATEDELAWARE COUNTY

0 10 20 30 40 50 60

BacBachelorAssociate USAssociate

% 25+ WITH ASSOCIATE DEGREE

OR HIGHER

% 25+ WITH BACHELOR’S DEGREE

OR HIGHER

Delaware County

U.S.Average

30.6%

38.8%

58.5%

51.8%

Source: U.S. Census Bureau, 2016 Population Estimates; U.S. Census Bureau, American Community Survey 2015; EMSI, 2017; Bureau of Labor Statistics, LAUS, seasonally adjusted by Columbus 2020 (2016 average)

COMPANY FTE OPERATIONSJPMorgan Chase & Co. 10,197 Financial services back office, software development, data center

The Kroger Co. 800 Great Lakes distribution center of supermarket retailer

DHL Supply Chain 744 Americas HQ, logistics services

American Showa Inc. 560 Manufacturing and R&D of shock absorbers and power steering systems

Vertiv Co. 550 HQ, manufacturing of power equipment for industrial and data centers

McGraw-Hill Education 500 Distribution of educational publications, development of digital learning products

Optum 500 Insurance and workers compensation office

Advanced Auto Parts, Inc. 406 Auto parts distribution

PPG Industries, Inc. 359 Paint and resins manufacturing, R&D

JEGS High Performance 350 HQ and distribution of auto and truck parts

LARGEST PRIVATE SECTOR EMPLOYERS

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Market Highlights

Marion County

KnoxCounty

Logan County

CLEVELAND

DETROIT

INDIANAPOLIS

CHICAGO

LOUISVILLE

PITTSBURGH

CINCINNATI

ATLANTA

ST. LOUIS

80

75

9080

90

64

70

80

71

COLUMBUS 70

77

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64

75

65

40

250 miles 400 km

500 miles 800 km

RICHMOND

TORONTO

MATT McCOLLISTERVice President, Economic Development150 South Front ST, Suite 200Columbus, OH 43215

Phone: (614)225.6953Email: [email protected]

COLUMBUS ECONOMIC MARKET

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HJF

A

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B C

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FORTUNE 1000 HEADQUARTERS

A – Scotts Miracle-Gro Co.B – PacerC – Cardinal HealthD – Worthington IndustriesE – Mettler-Toledo International, Inc.F – Big LotsG – Huntington BancsharesH – Hexion Specialty Chemicals/Momentive Performance Materials

I – Bob Evans Farms J – Retail Ventures Inc.K – American Electric PowerL – NationwideM – Limited BrandsN – Abercrombie & FitchO – Greif

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ThisconfidentialOfferingmemorandumhasbeenpreparedbyTheRobertWeilerCompanyforusebyalimitednumberofpartieswhosesolepurposeistoevaluatethepossiblepurchaseofthesubjectproperty.ThisMemorandumhasbeenpreparedtoprovidesummary,unverifiedinformationtoprospectivepurchasers,andtoestablishonlyapreliminarylevelofinterestinthesubjectproperty.Theinformationcontainedhereinisnotasubstituteforathoroughduediligenceinvestigation.

TheinformationcontainedintheMemorandumhasbeenobtainedfromsourceswebelievetobereliable.Whilewedonotdoubtitsaccuracy,wehavenotverifieditandmakenoguar-antee,warranty,orrepresentationaboutit.Itisyourresponsibilitytoindependentlyconfirmitsaccuracyandcompleteness.Anyprojections,opinions,assumptionsorestimatesused,areforexampleonly,anddonotrepresentthecurrentorfutureperformanceoftheproperty.Thevalueofthistransactiontoyoudependsontaxesandotherfactorswhichshouldbeevaluatedbyyourtax,financialandlegaladvisors.Youandyouradvisorsshouldconductacareful,inde-pendentinvestigationofthepropertyforyourneeds.Allpotentialbuyersmusttakeappropri-atemeasurestoverifyalloftheinformationsetforthherein.BothTheRobertWeilercompanyandtheOwnerdisclaimanyresponsibilityforinaccuraciesandexpectprospectivepurchaserstoexerciseindependentduediligenceinverifyingallsuchinformation.Thecontainedinforma-tionissubjecttochangeatanytimeandwithoutnotice.TherecipientoftheMemorandumshallnotlooktotheOwnerorTheRobertWeilerCompanyfortheaccuracyofcompletenessoftheMemorandum.

Aprospectivepurchasermustmakeitsownindependentinvestigations,projections,andcon-clusionsregardingtheacquisitionofthepropertywithoutrelianceonthisMemorandumoranyotherConfidentialinformation,writtenorverbal,fromtheBrokerortheSeller.TheOwnerexpresslyreservestheright,atitssolediscretion,torejectanyoffertopurchasethepropertyortoterminateanynegotiationswithanyparty,atanytime,withorwithoutwrittennotice.Onlyafully-executedRealEstatePurchaseAgreement,approvedbySeller,shallbindtheprop-erty.Eachprospectivepurchaserand/orbrokerproceedsatitsownrisk.

Offering Memorandum