11094 Butler Road NE

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11094 Butler Road NE

Newark, OH 43055
Asking Price
Contact for price
Asset Type
Traditional Office Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Three acres of land available for commercial development
  • Located at 11094 Butler Road NE in Newark
  • Designated for traditional office asset usage
  • Site offers potential for professional corporate expansion
  • Positioned within the growing Columbus metro area

What's Special

Spanning 3 acres, this land parcel at 11094 Butler Road NE in Newark, Ohio, provides a development site for commercial users. The location serves a growing regional economy that benefits from its accessibility to major transportation corridors within the Columbus metro area. With its classification as traditional office land, the property is positioned for projects requiring professional workspace layouts, corporate headquarters, or specialized service centers. Developers and investors can utilize this site to build modern office structures tailored to the specific needs of regional businesses seeking a presence in Licking County. The site offers sufficient space for building footprints, necessary parking configurations, and professional landscaping consistent with suburban commercial standards. This parcel remains a practical selection for those looking to expand or establish new professional operations within a stable and expanding market environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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