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Jeff (J.R.) Rudicil 614.545.2157 [email protected] Alterra Real Estate 614.365.9000 www.AlterraRE.com 1.17 acres $250,000 Community Commercial Zoning (CC) DEVELOPMENT SITE Suitable for medical, daycare, office, retail & more City of Gahanna, Franklin County Franklin County Parcel 025-011224-00 Morse Road Underwood Farms Blvd Access easement to traffic light ACCESS EASEMENT TO TRAFFIC LIGHT 5069 Morse Rd, Columbus, OH 43230

ACCE S S E AS E ME NT DEVELOPMENT SITE · Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including,

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Page 1: ACCE S S E AS E ME NT DEVELOPMENT SITE · Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including,

Jeff (J.R.) Rudicil 614.545.2157 [email protected]

Alterra Real Estate 614.365.9000

www.AlterraRE.com

1.17 acres $250,000

Community Commercial Zoning (CC)

DEVELOPMENT SITESuitable for medical, daycare, office, retail & more

City of Gahanna, Franklin CountyFranklin County Parcel 025-011224-00

Morse Road

Un

derw

oo

d F

arms B

lvd

Access easement to traffic light

ACCESS EASEMENT TO TRAFFIC LIGHT

5069 Morse Rd, Columbus, OH 43230

Page 2: ACCE S S E AS E ME NT DEVELOPMENT SITE · Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including,

Site Features

Average annual daily traffic count of 21,542 vehicles

Access easement to traffic light from parcel

Site is less than 1/3 of a mile to busy Morse/Hamilton

Rd intersection and Stoneridge Plaza

Utilities available to site

Gahanna School District

Community Commercial zoning in the City of

Gahanna allows wide variety of commercial

uses including medical and professional offices, retail,

daycare, and much more

Windmiller Sqretail plaza

Jeff (J.R.) Rudicil 614.545.2157 [email protected]

Alterra Real Estate 614.365.9000

www.AlterraRE.com

Morse Road

N H

amilt

on

Ro

adSITE

STONERIDGEPLAZA

OHIO STATEUNIVERSITY

DERMATOLOGY

POLO CLUBVILLAS

Zoning Info

DOGS ONLYMEDICAL CTR

Page 3: ACCE S S E AS E ME NT DEVELOPMENT SITE · Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including,

5069 Morse Rd

Demographic Report

PopulationDistance Male Female Total

1- Mile 3,785 4,452 8,237

3- Mile 19,178 21,207 40,385

5- Mile 47,221 51,405 98,626

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Brad Kitchen

[email protected]

Alterra Real Estate Advisors 300 Spruce St. Suite 110 Columbus, OH 43215 | 614-365-9000

Brad Kitchen

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Page 4: ACCE S S E AS E ME NT DEVELOPMENT SITE · Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including,

Employment by DistanceDistance Employed Unemployed Unemployment Rate

1-Mile 5,133 193 1.91 %

3-Mile 23,601 847 2.83 %

5-Mile 56,099 2,654 3.97 %

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Brad Kitchen

[email protected]

Alterra Real Estate Advisors 300 Spruce St. Suite 110 Columbus, OH 43215 | 614-365-9000

Brad Kitchen

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Page 5: ACCE S S E AS E ME NT DEVELOPMENT SITE · Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including,

Radius Median Household Income

1-Mile $86,519.50

3-Mile $88,682.46

5-Mile $72,066.18

Radius Average Household Income

1-Mile $92,139.00

3-Mile $93,955.39

5-Mile $78,225.66

Radius Aggregate Household Income

1-Mile $326,295,432.68

3-Mile $1,570,712,281.76

5-Mile $3,338,608,810.39

1-MilePop > 25 6,203High School Grad 947Some College 1,026Associates 400Bachelors 2,428Masters 799Prof. Degree 277Doctorate 92

3-mile26,9424,5874,9171,6809,7173,2791,234

371

5-mile64,84414,61013,7794,135

19,0365,8352,267

577

Education

Agriculture Mining Construction Manufacturing Wholesale Retail Transportaion Information Professional Utility Hospitality Pub-Admin Other

1-Mile 3 0 163 209 141 762 308 94 541 1,222 359 377 242

3-Mile 25 0 954 1,403 678 3,231 1,010 591 3,189 5,834 1,597 1,531 1,373

5-Mile 86 0 2,540 3,779 1,881 8,290 2,397 1,324 6,875 13,077 3,735 3,552 3,199

Labor & Income

1-MileVacant Ready For Rent 24 %Teen's 30 %Expensive Homes 129 %Mobile Homes 1 %New Homes 216 %New Households 63 %Military Households 4 %Households with 4+ Cars 35 %Public Transportation Users 1 %Young Wealthy Households 75 %

3-mile34 %70 %

159 %1 %

246 %92 %

9 %66 %

6 %72 %

5-mile57 %80 %

119 %3 %

201 %97 %11 %79 %16 %81 %

This Tapestry information compares this selected market against the average. If a tapestry is over 100% it is above average for that statistic. If a tapestry is under 100% it is below average.

Tapestry

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Brad Kitchen

[email protected]

Alterra Real Estate Advisors 300 Spruce St. Suite 110 Columbus, OH 43215 | 614-365-9000

Brad Kitchen

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Page 6: ACCE S S E AS E ME NT DEVELOPMENT SITE · Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including,

1-Mile %Total Expenditures 206,746,628Average annual household 54,971Food 7,129 12.97 %Food at home 4,333Cereals and bakery products 606Cereals and cereal products 211Bakery products 396Meats poultry fish and eggs 880Beef 217Pork 159Poultry 163Fish and seafood 144Eggs 64Dairy products 455Fruits and vegetables 857Fresh fruits 132Processed vegetables 154Sugar and other sweets 158Fats and oils 131Miscellaneous foods 814Nonalcoholic beverages 370Food away from home 2,796Alcoholic beverages 454Housing 19,120 34.78 %Shelter 11,704Owned dwellings 7,642Mortgage interest and charges 4,098Property taxes 2,391Maintenance repairs 1,152Rented dwellings 3,044Other lodging 1,018Utilities fuels 4,199Natural gas 453Electricity 1,611Fuel oil 170Telephone services 1,324Water and other public services 640Household operations 1,357 2.47 %Personal services 456Other household expenses 899Housekeeping supplies 676Laundry and cleaning supplies 169Other household products 391Postage and stationery 115Household furnishings 1,181Household textiles 93Furniture 156Floor coverings 6Major appliances 147Small appliances 106Miscellaneous 672Apparel and services 1,637 2.98 %Men and boys 370Men 16 and over 306Boys 2 to 15 63Women and girls 624

5-Mile %2,079,375,236

50,1506,554 13.07 %4,056

56919837083220415115513561

421799123146148123759349

2,498403

17,754 35.40 %10,8286,8493,6122,1511,0853,088

8904,003

4241,558

1611,257

6021,214 2.42 %

390821624158358107

1,08379

1595

14799

5921,470 2.93 %

32226557

571

3-Mile %918,730,669

55,9657,233 12.92 %4,383

61421340189522116016714764

459866133156160132820373

2,850462

19,478 34.80 %11,9427,7724,1302,4541,1873,0811,0874,253

4591,636

1751,335

6471,387 2.48 %

459927694170402121

1,20193

1663

153112671

1,650 2.95 %37430865

641

Expenditures

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Brad Kitchen

[email protected]

Alterra Real Estate Advisors 300 Spruce St. Suite 110 Columbus, OH 43215 | 614-365-9000

Brad Kitchen

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Page 7: ACCE S S E AS E ME NT DEVELOPMENT SITE · Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including,

Women 16 and over 529Girls 2 to 15 94Children under 2 97

1-Mile %Total Expenditures 206,746,628Average annual household 54,971Transportation 7,135 12.98 %Vehicle purchases 1,333Cars and trucks new 222Cars and trucks used 1,067Gasoline and motor oil 2,345Other vehicle expenses 2,842Vehicle finance charges 236Maintenance and repairs 955Vehicle insurance 1,203Vehicle rental leases 434Public transportation 613Health care 4,079 7.42 %Health insurance 2,396Medical services 877Drugs 445Medical supplies 136Entertainment 3,215 5.85 %Fees and admissions 746Television radios 1,089Pets toys 1,064Personal care products 718Reading 81Education 1,531Tobacco products 363Miscellaneous 916 1.67 %Cash contributions 1,642Personal insurance 7,169Life and other personal insurance 257Pensions and Social Security 6,911

4838891

5489298

3-Mile %918,730,669

55,9657,166 12.80 %1,301

2071,0492,3512,873

236967

1,217439640

4,135 7.39 %2,432

884448139

3,249 5.81 %769

1,0951,073

72985

1,652369955 1.71 %

1,6917,335

2647,071

5-Mile %2,079,375,236

50,1506,543 13.05 %1,180

183952

2,2032,624

217873

1,122383534

3,823 7.62 %2,270

802416125

2,913 5.81 %640

1,02796165075

1,333368848 1.69 %

1,5216,097

2305,867

Estimated Households Housing Occupied By Housing OccumpancyDistance Year Projection 2000 Change 1 Person Family Owner Renter Vacant1-Mile 2015 8,506 7,944 6.68 % 2,769 4,999 5,738 2,768 454

3-Mile 2015 22,338 20,872 5.98 % 6,256 14,509 15,445 6,893 1,230

5-Mile 2015 50,608 47,507 3.94 % 14,332 32,516 32,838 17,770 3,596

1-Mile 2020 8,541 7,944 7.65 % 2,746 5,066 5,886 2,655 1,368

3-Mile 2020 22,960 20,872 9.16 % 6,389 14,971 16,128 6,832 2,969

5-Mile 2020 51,785 47,507 6.43 % 14,507 33,493 34,084 17,701 7,660

Expenditures (Continued)

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Brad Kitchen

[email protected]

Alterra Real Estate Advisors 300 Spruce St. Suite 110 Columbus, OH 43215 | 614-365-9000

Brad Kitchen

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