land for sale€¦ · hilliard community profile demographics population: 34,386 (2017) population...
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LAND FOR SALELAND FOR SALE
Skip Weilerskip@rweiler.com
10 N. High St. Suite 401 Columbus, Ohio 43215
614-221-4286www.rweiler.com
Just West of 270 on the South Side of Davidson Rd 79.82 +/- Acres Development Land
DAVIDSON ROADHILLIARD, OHIO 43026
Property DescriptionProperty DescriptionLocated at the southwest corner of I-270 and Davidson Road with some frontage available
along I-270. Land available along Davidson Road, Leap Road, and Britton Parkway. City of Hilliard. Many different areas available with potential sites for multiple users. Immediate surrounding developments include new Hilliard branch of Columbus Metro Library, The Greyson at Hickory
Chase mixed use development, Mount Carmel Rheumatology, Rock City Church and community center.
Address: Davidson Road Hilliard, Ohio 43026
County: Franklin
PID: 050-008254 050-008255 050-008256 050-008257 050-008259 050-008260
Location: West of I-270, South of Davidson Rd
Total Acreage: 79.82 +/- (see breakdown for specific lot acreage)
Sale Price: $175,000-$375,000 (depending on lot location)
Zoning: PUD - Planned Unit Development (additional text available upon request)
LOT USE ACRES
A5b Office 2.82+/-
A5c Office 3.46+/-
B1 Medical Office 10.33/-
B2 Medical Office/Retail 6.45+/-
C1a Retail 1.28+/-
C1b Retail 2.9+/-
C2 Freeway Office 17.88+/-
C3 Retail 8.9+/-
C4 Office 8.3+/-
C5 Office 17.5+/-
Pricing MapPricing Map
Location MapLocation Map• Norwich Elementary School• Britton Elementary School• Enchanted Care Learning Center• Enchanted Care Kids Campus
Great LocationConveniently located between Tuttle & Mill Run
Easy access to I-270, Downtown Hilliard and the Scioto River
Rock CityRock City Church- Hilliard Church- Hilliard
Crossing Community Church
Hilliard Tharp Hilliard Tharp Middle SchoolMiddle School
Davidson RdDavidson Rd
Immediate Area AmenitiesImmediate Area AmenitiesMount Carmel Hilliard CampusMount Carmel Hilliard CampusLocated at Davidson Road and Britton Parkway, Mount Carmel Hilliard is a 60,000-square-foot, stand-alone campus offering Hilliard residents one-stop access to an array of outpatient services and primary and specialty physicians.
Columbus Metropolitan Library Hilliard BranchColumbus Metropolitan Library Hilliard BranchThe new Hilliard Branch has 63,000 square feet of space on two floors with a large Homework Help Center, Ready for Kindergarten area, cafe serving coffee, pastries and more, community gathering space, and meeting rooms and small study rooms servicing the community.
Rock City ChurchRock City Church
Located at the intersection of Britton Parkway and Anson Drive, Rock City Church is a 51,600-sqare foot, church and community center on 14+ acres.
Multi-Family LivingMulti-Family Living
The Greyson at Hickory Chase is a 492-unit apartment development built in 2017. There is an additional apartment community that is 4 stories with 145 units expected to be completed in 2019.
NEARBY AMENITITES:NEARBY AMENITITES:
North of the development at Hayden Run Road, Amazon Web Services has a second, 153,000-square-foot Big Data server facility to join a 180,000-square-foot facility that opened in 2016. There is also the Enchanted Care Kids Campus just north of Davidson Rd.
West of the development is Hilliard Tharp Middle School and Hilliard Davidson High School, Darby Glenn Nursing & Rehab center, condo community known as Tremont Club and a bike path from Davidson to Northwest Parkway. South of the development is a large retail corridor along Cemetery Rd with fast food, fuel and big box retail stores.
Street MapsStreet Maps
Demographics Demographics
Traffic MapTraffic Map
Davidson RdDavidson Rd
HILLIARD COMM
UNITY PROFILEDemographics
Population: 34,386 (2017)Population density: 2,572.32 people/miAverage people per housing unit: 2.71
Males: 17,873 (49.7%)Females: 18,066 (50.3%)Median resident age: 36.0 yearsOhio median age: 39.3 years
Estimated median household income in 2016: $96,190(it was $69,015 in 2000)Hilliard: $96,190OH: $52,334Estimated per capita income in 2016 $42,129(it was $28,496 in 2000)
Estimated median house or condo value in 2016: $225,799(it was $156,100 in 2000)Hilliard: $225,799OH: $140,100
Local EconomyThere are approximately 2,200 companies in Hilliard, Ohio. Taken together these companies have estimated annual sales of $1,053,218,996 and employ an estimated 15,034 people.
WorkforceHighly trained and educated workforce with approximately 49% having earned a bachelor’s or graduate degree.
Undeveloped Commercial Acreage Approximately 700 acres:
+/- 410 acres offer I-270 freeway frontage +/- 175 acres with Britton Parkway frontage +/- 120 offering Britton Parkway and I-270 exposure
Most Britton Parkway and I-270 fronting sites are currently served by all utilities, including:
Municipal water, sanitary & storm sewer Fiber Optic adjacent to most sites (multiple providers) Broadband available to all sites (multiple providers) Natural Gas delivered through Columbia Gas (NiSource) AEP 56Kv & 128Kv electric available to all sites. Independent, dual feed also available.
City Financial RatingHilliard maintains one of the region’s highest credit ratings being rated Aa2 from Moody’s Investors Service and AA from Standard & Poor’s.
Form of GovernmentHilliard is governed by a Mayor – Council form of govern-ment, consisting of an elected Mayor and 7 at-large elected City Council members. All department heads are appointed by the Mayor.
Community Characteristics
• The median age in Hilliard is 34.8 years (51% female, 49% male). The average Hilliard resident is married, owns their own home and has minor children.
• 55% of Hilliard residents possess an Associate’s degree or higher and 52% are employed in professional type occupations. Prospective Employers can expect a compet-itive local workforce as well as an abundant and wide-ranging labor pool easily accessible through-out the Columbus & Central Ohio region.
• The median household income in Hilliard is $ 85,428.
• Hilliard consistently is ranked among Central Ohio’s most rapidly growing suburbs. Its TOP RANKED SCHOOLS, excellent location along the I-270 outerbelt, community amenities and range of housing opportunities has produced a local population best characterized as family oriented.
IncentivesThe Hilliard Department of Development works with expanding Hilliard businesses and businesses new to Hilliard to en-courage their growth and expansion in Hilliard. Listed below are some of the programs offered by the City that your company may be eligible for: • Community Reinvestment Area
(CRA) Program• Tax Increment Financing (TIF) Districts• Job Creation IncentivesThe Hilliard Department of Development works with the Ohio Department of Development to assist companies with State Tax Credit Programs. Listed below are some of the programs offered by the State that your company may be eligible for:• Research and development Invest-
ment Tax Credit• Manufacturing Machinery & Invest-
ment Tax Credit (M&E Tax Credit)• Ohio Training Tax Credit• Ohio Job Creation Tax Credit
2
City HighlightsCity Highlights
11FACTBOOK
franklin county
EMPLOYMENT BY INDUSTRY
DEMOGRAPHICS
1,264,597RESIDENTS
33.8MEDIAN AGE
480,946HOUSEHOLDS
$52,341MEDIAN HOUSEHOLD INCOME
FRANKLIN COUNTY EMPLOYMENT BY INDUSTRY
Construction and Mining
3% 5%4%
9%
6%
8%
20%
16%
10%
3%
16%Manufacturing
Wholesale Trade
Retail Trade
Transportation and Utilities
Financial Activities
Professional and Business Services
Education and Health
Leisure and Hospitality
Other Services
Government
WORKFORCE
4.1% UNEMPLOYMENT RATEFRANKLIN COUNTY
helor US
0 10 20 30 40 50
BacBachelorAssociate USAssociate
% 25+ WITH ASSOCIATE DEGREE
OR HIGHER
% 25+ WITH BACHELOR’S DEGREE
OR HIGHER
Franklin County
U.S.Average
30.6%
38.8%
44.3%
37.6%
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 OPERATIONSNationwide 13,400 HQ, software development, analytics, data center
Cardinal Health, Inc. 5,058HQ, distribution of pharmaceuticals and medical devices, radiopharmaceutical production
JPMorgan Chase & Co. 4,700 Major back office, software development, card manufacturing, data center
American Electric Power Company, Inc. 3,627 Utilities HQ, R&D, smart grid technology, transmissions, data center
Alliance Data Systems Corporation 3,057 Card services unit HQ, transactions processing, data center
Defense Supply Center Columbus 3,000 HQ of the Land and Maritime Supply Chain, distributin of supplies
Express Scripts 2,441 Pharmaceuticals distribution, customer service
Verizon Communications Inc. 2,406 Telecommunications back office, customer service, switching operations, data center
Gap, Inc. 2,200 Distribution and fulfillment of apparel, customer service
Abercrombie & Fitch Co. 2,200 HQ, distribution and fulfillment of apparel, software development
LARGEST PRIVATE SECTOR EMPLOYERS
County HighlightsCounty 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
77
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: mm@columbusregion.com
COLUMBUS ECONOMIC MARKET
D
L
M
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HJF
A
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O
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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
Market HighlightsMarket Highlights
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 guar-antee, 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, inde-pendent investigation of the property for your needs. All potential buyers must take appropri-ate 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 informa-tion 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 con-clusions 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 prop-erty. Each prospective purchaser and /or broker proceeds at its own risk.
Offering MemorandumOffering Memorandum
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