538 e. rich street, columbus, oh 43215 12.02 acres –all ... · 538 e. rich street, columbus, oh...

538 E. Rich Street, Columbus, OH 43215

Gorgeous Professional Office Building;

Doug Tenenbaum, Senior Partner 583 S. 3rd Street, Columbus, OH [email protected] DD (614) 545-1412 Mobile 614-554-4408 Fax (614) 635-1369

12.02 ACRES – All Utilities to the Site5165 Butts Rd., Powell, Ohio 43065

Concord Township, Delaware County – Buckeye Valley School DistrictIdeal for Residential Development (Single Family, Condo or Patio Homes)

$800,000 Asking Price ($66,555/acre)

60,000 SF medical office and outpatient building “Under Construction”

Location: The Property is located on the south side Butts Rd, just east of Riverside Drand west of South Section Line Rd; and 1.25 miles north of Home Rd and 200 yardssouth of Hyatts Rd. The site is mostly wooded and has nice gently rolling topographywith some gorgeous views of the Scioto River.


Gorgeous Professional Office Building;Asking Price: $800,000 ($66,555/acre)

Address: 5165 Butts Rd., Powell, OH 43065

Municipality: Concord Township http://www.concordtwp.org/Zoning Inspector: Ric Irvine 740-881-5338 extension 4 and [email protected]

County: Delaware

School District: Buckeye Valley Local School District

Acres: 12.02 acres

Property Description: 12.02 acre wooded parcel with an existing single family home. Access from Butts Rd.The Property contains a single-family structure on the southern portion of the site,with an access drive extending from Butts Road to the existing house. There are someopen grass areas around the drive and house, but the remainder is wooded. Overallsite grades decrease to the west towards the Scioto River.

Parcel Number: 320-110-02-002-000

Tax Parcel Link: http://delaware-auditor-ohio.manatron.com/Property.aspx?mpropertynumber=320-110-02-002-000&mtab=property&p=32011002002000

Tax Map Link: http://www.delco-gis.org/auditor/?parcelid=32011002002000

Details of the Home: The single family home is Amish built in 1972, has 2,891 SF of floor area on the main level with 4 bedrooms, 3 fireplaces, 2 dining rooms, a breakfast room, 2 full baths and a finished mother in law’s suite on lower level with rec room and full bath, an additional bedroom, plus a 3 car garage. There is also a two stall barn with metal roof and hay loft on the south edge of the property. Barn is approximately 30’ x 30’.

Google Location Map Link: https://goo.gl/maps/JZykXJwUJSy

Current Zoning: Farm Residential District (FR-1)

Zoning Resolution (Code): http://www.concordtwp.org/docs/Zoning-Code.pdf

**PRD zoning text is in process of being modified to match the changes that were made to the comprehensive plan last year andis going through Concord Township’s Zoning Board, Trustees and Delaware County Regional Planning at this time. The end result is density will be determined on a case by case basis and will likely be finalized before the end of 2017.

Proposed Zoning: Planned Residential District (PRD) – Article XI (Pages 61-67)

Proposed Density: 2.0 Single Family Lots/acre = 24 units (Approximately $33,333/blank); or3.0 Condo or Patio Homes/acre = 36 units ($22,222/blank)


Gorgeous Professional Office Building;Utilities: Electric, Gas, Water and Sanitary Sewer at the site

Sanitary Sewer: The Property can be serviced with newly installed (2017) Clark-Shaw Trunk SewerProject 1 Gravity sanitary sewer, which is served by the Lower Scioto WastewaterTreatment Plant, located on the west side of the O’Shaughnessy Reservoir south ofMoore Road. The Property is located within the service area for this sewerextension from the O’Shaughnessy pump station. There are existing sanitarymanholes located on the Property.

Sanitary Sewer Plans: Clark-Shaw Trunk Sewer Project 1 https://app.box.com/s/8gl7kpqaifq81dc4egood7586y2o5nqs

Subsurface Exploration & Geotechnical Engineering Report Link: https://app.box.com/s/dr0rwxqyz94ru44j2yj5jm9gvctjov7u

Adjacent Development: Metro Development obtained approvals in August 2015 for the adjacent (contiguousto the east and south) tracts for the a 143 unit patio home development, named theCourtyards at River Bluff. Their site was rezoning from FR-1 to PRD with a densityof 2.98 units/gross acre. Their development is located on the west side of SouthSection Line Rd and on the south side of Butts Rd.DCRPC 28-15ZON Site Plan Layout: http://www.dcrpc.org/webplan/28-15ZON.pdf

Area Subdivisions and Rezoning Cases: http://arcg.is/1STy8P

DISCLAIMER: This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminarylevel of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. HER Realtors Commercial Real EstateServices has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financialperformance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, thecompliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’splans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to bereliable; however, HER Realtors Commercial Real Estate Services has not verified, and will not verify, any of the information contained herein, nor has Real Living Businessconducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. Allpotential buyers must take appropriate measures to verify all of the information set forth herein.


Gorgeous Professional Office Building;5165 Butts Rd., Powell, OH 43065 1 mi radius 3 mi radius 5 mi radius 10 mi radius

2016 Estimated Population 1,874 12,020 37,930 256,8552021 Projected Population 2,067 13,212 41,504 278,2542010 Census Population 1,413 10,411 32,608 232,047Historical Annual Growth 2000 to 2016 13.5% 12.4% 6.7% 3.0%

2016 Est. Average Household Income $ 156,999 $ 152,397 $ 166,910 $ 117,910 2016 Est. Median Household Income $ 144,486 $ 140,207 $ 139,188 $ 100,405 2016 Est. Per Capita Income $ 53,626 $ 51,593 $ 56,556 $ 44,481

2016 Est. HH Income $200,000 or More 27.3% 24.5% 26.5% 14.4%2016 Est. HH Income $150,000 to $199,999 19.2% 19.5% 17.7% 11.6%2016 Est. HH Income $100,000 to $149,999 26.6% 23.2% 20.9% 20.1%% of HHs with Income $100,000 or More 73.1% 67.2% 65.1% 46.1%

2010 Median Home Value $ 283,381 $ 294,147 $ 304,112 $ 245,581

Demographic Summary

5165 Butts Rd12.02 acre site


Gorgeous Professional Office Building;Norwich Elementary

Britton Elementary

Crossing Community Church

Enchanted Care Learning Center

60,000 SF medical office and outpatient building “Under Construction”

492 multifamily under construction

466 multifamily approved



0 375 750187.5ft

Delaware County AuditorGeorge Kaitsa

Information contained within this map may be used to generally locate, identify and inventory land parcels within Delaware County. Delaware County cannot warrant or guarantee the information contained herein, including, but not limited to its accuracy

or completeness. The map parcel lines shown are approximate and this information cannot be constructed or used as a "legal description" of a parcel.Flood Plain information is obtained from FEMA and is administered by the Delaware County Building Department (740-833-2201).

Please report any errors or omissions to the Delaware County Auditor's office at [email protected] by: Delaware County Auditor's GIS Office

/5165 Butts Rd

Print ed on 6/7/2017

0 340 680170ft

0 180 36090ft

Delaware County AuditorGeorge Kaitsa

Information contained within this map may be used to generally locate, identify and inventory land parcels within Delaware County. Delaware County cannot warrant or guarantee the information contained herein, including, but not limited to its accuracy

or completeness. The map parcel lines shown are approximate and this information cannot be constructed or used as a "legal description" of a parcel.Flood Plain information is obtained from FEMA and is administered by the Delaware County Building Department (740-833-2201).

Please report any errors or omissions to the Delaware County Auditor's office at [email protected] by: Delaware County Auditor's GIS Office

/5165 Butts Rd

Print ed on 5/11/2017

0 170 34085ft

Demographic Source: Applied Geographic Solutions 10/2016, TIGER Geography page 1 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2016 Estimates with 2021 Projections

Calculated using Weighted Block Centroid from Block Groups

Lat/Lon: 40.2145/-83.1367RF1

5165 Butts Rd1 mi radius 3 mi radius 5 mi radius 10 mi radius

Powell, OH 43065-9174

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2016 Estimated Population 1,874 12,020 37,930 256,855

2021 Projected Population 2,067 13,212 41,504 278,254

2010 Census Population 1,413 10,411 32,608 232,047

2000 Census Population 593 4,037 18,305 172,629

Projected Annual Growth 2016 to 2021 2.1% 2.0% 1.9% 1.7%

Historical Annual Growth 2000 to 2016 13.5% 12.4% 6.7% 3.0%

HO

US

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2016 Estimated Households 640 4,068 12,841 96,763

2021 Projected Households 696 4,417 13,912 103,522

2010 Census Households 496 3,603 11,275 87,885

2000 Census Households 212 1,399 6,394 65,528

Projected Annual Growth 2016 to 2021 1.8% 1.7% 1.7% 1.4%

Historical Annual Growth 2000 to 2016 12.6% 11.9% 6.3% 3.0%

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2016 Est. Population Under 10 Years 15.3% 15.2% 13.9% 14.0%

2016 Est. Population 10 to 19 Years 13.8% 14.9% 16.9% 14.4%





2016 Est. Population 75 Years or Over 3.5% 3.6% 4.3% 4.3%

2016 Est. Median Age 39.6 39.1 39.9 36.4

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2016 Est. Male Population 50.0% 49.7% 50.1% 49.5%

2016 Est. Female Population 50.0% 50.3% 49.9% 50.5%

2016 Est. Never Married 13.1% 16.5% 19.7% 26.1%

2016 Est. Now Married 76.0% 72.8% 67.9% 58.1%

2016 Est. Separated or Divorced 8.5% 8.3% 9.1% 12.0%

2016 Est. Widowed 2.4% 2.4% 3.3% 3.8%

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2016 Est. HH Income $200,000 or More 27.3% 24.5% 26.5% 14.4%

2016 Est. HH Income $150,000 to $199,999 19.2% 19.5% 17.7% 11.6%

2016 Est. HH Income $100,000 to $149,999 26.6% 23.2% 20.9% 20.1%

2016 Est. HH Income $75,000 to $99,999 9.7% 12.7% 11.2% 14.3%

2016 Est. HH Income $50,000 to $74,999 8.0% 8.8% 10.3% 16.0%

2016 Est. HH Income $35,000 to $49,999 4.4% 6.4% 6.2% 10.0%

2016 Est. HH Income $25,000 to $34,999 0.1% 1.5% 2.4% 5.4%

2016 Est. HH Income $15,000 to $24,999 0.9% 1.3% 2.4% 4.5%

2016 Est. HH Income Under $15,000 3.8% 2.1% 2.2% 3.8%

2016 Est. Average Household Income $156,999 $152,397 $166,823 $117,910

2016 Est. Median Household Income $144,486 $140,207 $139,188 $100,405

2016 Est. Per Capita Income $53,626 $51,593 $56,556 $44,481

2016 Est. Total Businesses 9 230 1,243 11,509

2016 Est. Total Employees 39 2,261 12,881 148,267


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Lat/Lon: 40.2145/-83.1367RF1


Powell, OH 43065-9174

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2016 Est. White 90.9% 89.3% 87.8% 82.8%

2016 Est. Black 1.1% 1.5% 2.2% 4.0%

2016 Est. Asian or Pacific Islander 5.7% 6.9% 7.7% 9.7%

2016 Est. American Indian or Alaska Native 0.3% 0.2% 0.1% 0.1%

2016 Est. Other Races 2.0% 2.1% 2.1% 3.3%

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PA

NIC 2016 Est. Hispanic Population 32 203 696 8,904

2016 Est. Hispanic Population 1.7% 1.7% 1.8% 3.5%

2021 Proj. Hispanic Population 2.1% 2.1% 2.2% 4.2%

2010 Hispanic Population 1.5% 1.5% 1.6% 3.1%

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2016 Est. Adult Population (25 Years or Over) 1,269 7,995 24,908 170,248

2016 Est. Elementary (Grade Level 0 to 8) 0.8% 0.8% 0.8% 1.1%

2016 Est. Some High School (Grade Level 9 to 11) 2.3% 2.8% 1.9% 2.4%

2016 Est. High School Graduate 13.0% 13.2% 12.6% 16.3%

2016 Est. Some College 18.1% 17.8% 16.8% 17.3%

2016 Est. Associate Degree Only 5.0% 6.3% 6.3% 6.6%

2016 Est. Bachelor Degree Only 35.8% 36.8% 37.1% 34.1%

2016 Est. Graduate Degree 25.0% 22.4% 24.6% 22.3%

HO

US

ING 2016 Est. Total Housing Units 664 4,209 13,272 99,752

2016 Est. Owner-Occupied 88.9% 88.9% 87.9% 68.7%

2016 Est. Renter-Occupied 7.5% 7.8% 8.8% 28.3%

2016 Est. Vacant Housing 3.5% 3.4% 3.2% 3.0%

HO

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R 2010 Homes Built 2005 or later 8.5% 14.1% 13.1% 8.6%

2010 Homes Built 2000 to 2004 41.2% 32.0% 22.3% 13.4%

2010 Homes Built 1990 to 1999 12.8% 11.1% 20.3% 21.0%

2010 Homes Built 1980 to 1989 6.2% 7.9% 13.6% 19.9%

2010 Homes Built 1970 to 1979 12.8% 9.5% 10.0% 12.7%

2010 Homes Built 1960 to 1969 8.2% 5.7% 5.3% 7.2%

2010 Homes Built 1950 to 1959 7.8% 6.8% 6.0% 6.2%

2010 Homes Built Before 1949 13.4% 10.4% 10.6% 11.1%

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2010 Home Value $1,000,000 or More 0.5% 0.8% 2.5% 1.1%

2010 Home Value $500,000 to $999,999 3.8% 6.1% 11.4% 6.1%

2010 Home Value $400,000 to $499,999 5.0% 9.5% 9.7% 6.2%

2010 Home Value $300,000 to $399,999 34.7% 31.1% 25.0% 15.0%

2010 Home Value $200,000 to $299,999 33.5% 27.6% 23.5% 28.7%

2010 Home Value $150,000 to $199,999 10.3% 11.3% 11.9% 19.3%

2010 Home Value $100,000 to $149,999 5.7% 6.6% 7.7% 12.6%

2010 Home Value $50,000 to $99,999 4.8% 4.9% 5.6% 7.6%

2010 Home Value $25,000 to $49,999 0.8% 1.0% 1.3% 1.4%

2010 Home Value Under $25,000 0.9% 1.0% 1.6% 2.1%

2010 Median Home Value $283,381 $294,147 $304,112 $245,581

2010 Median Rent $962 $919 $807 $731


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Lat/Lon: 40.2145/-83.1367RF1


Powell, OH 43065-9174

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2016 Est. Labor Population Age 16 Years or Over 1,411 9,006 28,497 197,483

2016 Est. Civilian Employed 75.5% 72.8% 69.2% 71.7%

2016 Est. Civilian Unemployed 0.7% 0.9% 1.8% 1.8%

2016 Est. in Armed Forces - - - 0.1%

2016 Est. not in Labor Force 23.8% 26.3% 29.0% 26.4%

2016 Labor Force Males 50.0% 49.8% 49.8% 49.0%

2016 Labor Force Females 50.0% 50.2% 50.2% 51.0%

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2010 Occupation: Population Age 16 Years or Over 747 5,413 15,893 119,759

2010 Mgmt, Business, & Financial Operations 27.7% 25.1% 25.0% 21.8%

2010 Professional, Related 23.2% 26.3% 28.4% 28.4%

2010 Service 15.4% 12.5% 11.5% 13.1%

2010 Sales, Office 19.9% 23.5% 24.0% 25.1%

2010 Farming, Fishing, Forestry - 0.4% 0.2% 0.1%

2010 Construction, Extraction, Maintenance 3.6% 3.9% 3.7% 4.0%

2010 Production, Transport, Material Moving 10.2% 8.4% 7.1% 7.4%

2010 White Collar Workers 70.8% 74.8% 77.5% 75.4%

2010 Blue Collar Workers 29.2% 25.2% 22.5% 24.6%

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2010 Drive to Work Alone 86.7% 84.2% 85.8% 86.3%

2010 Drive to Work in Carpool 5.7% 6.6% 4.7% 5.6%

2010 Travel to Work by Public Transportation 0.1% 0.2% 0.2% 0.5%

2010 Drive to Work on Motorcycle 0.3% 0.1% - 0.1%

2010 Walk or Bicycle to Work 0.5% 0.6% 0.9% 1.3%

2010 Other Means 0.2% 0.4% 0.5% 0.4%

2010 Work at Home 6.5% 7.8% 7.8% 5.8%

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E 2010 Travel to Work in 14 Minutes or Less 12.9% 15.3% 19.0% 25.6%

2010 Travel to Work in 15 to 29 Minutes 38.9% 42.5% 42.7% 44.0%

2010 Travel to Work in 30 to 59 Minutes 43.2% 38.4% 34.0% 27.4%

2010 Travel to Work in 60 Minutes or More 5.0% 3.7% 4.3% 3.0%

2010 Average Travel Time to Work 27.7 25.8 24.3 22.0

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2016 Est. Total Household Expenditure $61.8 M $386 M $1.31 B $7.61 B

2016 Est. Apparel $2.21 M $13.8 M $46.8 M $269 M

2016 Est. Contributions, Gifts $5.43 M $33.5 M $114 M $601 M

2016 Est. Education, Reading $3.10 M $19.0 M $64.6 M $344 M

2016 Est. Entertainment $3.56 M $22.2 M $75.4 M $434 M

2016 Est. Food, Beverages, Tobacco $8.70 M $54.7 M $185 M $1.11 B

2016 Est. Furnishings, Equipment $2.28 M $14.3 M $48.2 M $274 M

2016 Est. Health Care, Insurance $4.90 M $30.8 M $105 M $629 M

2016 Est. Household Operations, Shelter, Utilities $19.1 M $119 M $404 M $2.35 B

2016 Est. Miscellaneous Expenses $839 K $5.26 M $17.8 M $108 M

2016 Est. Personal Care $786 K $4.92 M $16.6 M $97.9 M

2016 Est. Transportation $10.9 M $68.6 M $232 M $1.39 B

538 e. rich street, columbus, oh 43215 12.02 acres –all ... · 538 e. rich street, columbus, oh...

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