1041 Troy Road, Delaware, OH 43015

$3,055,000
Property Type: Land/Farm Lot Size (sq. ft.): 1,927,530 Status: Closed
Current Price: $3,055,000 List Date: 7/21/2021 Last Modified: 2/18/2025

Overview

Description

44.25 acres in City of Delaware Ohio presently zoned R6 (39+/- acres @8 units/acre) & R4 (5 +/- acres @ 6 units/acre) Multi family zoning allowing up to potentially 342 units. All Utilities are available to site. Project will front on to Merrick Parkway.

Listing Details MLS# 221027382

Location Property Info

Original List Price
2876775
Property Sub Type
Multi-Family Land
Street #
1041
Street Name
Troy
Street Suffix
Road
County
Delaware
State
OH
Zip Code
43015
School District
DELAWARE CSD 2103 DEL CO.
Township
None

OfficeContract Info

MLS Entry Date
2021-07-21

General Property Info

Acreage
44.25
Minimum Acreage
44.2
Maximum Acreage
44.2
Residential Dwelling/Other Structure Y/N
No
Built Prior to 1978
No

Tax Info

Parcel #
519-312-01-009-000
Zoning
R6 & R4
Multiple Parcels
No
Tax Year
2020
Tax Abatement
No
Taxes (Yrly)
1428
Tax Incentive
No

Status Change Info

Under Contract Date
2021-09-11
Sold Date
2022-04-15
Sold Price/Acre
69039.55

Auction Info

Auction/Online Bidding Y/N
No

More Information

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

List Price/Acre
65011.86
City (Mailing Addr)
Delaware
Corp LimitPerAuditor
Delaware

Office/Contract Info

For Sale
Yes
For Exchange
No
For Lease
No

Remarks & Misc

Property Description
44.25 acres in City of Delaware Ohio presently zoned R6 (39+/- acres @8 units/acre) & R4 (5 +/- acres @ 6 units/acre) Multi family zoning allowing up to potentially 342 units. All Utilities are available to site. Project will front on to Merrick Parkway.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Services Available

Electricity Available
Yes
Sewer Available
Yes

Miscellaneous

Survey
Yes

Alternate Uses

Multi-Family
Yes

New Financing

Conventional
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Services Available: Electricity Available; Sewer Available Miscellaneous: Survey Alternate Uses: Multi-Family New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: J W Cutler & Assocs., Inc
Listing Agent: Jon W Ullman
Last Updated: February - 18 - 2025
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