Property Description

Discover an exceptional opportunity with this 15.979-acre property ideally located on the highly desirable east side of Delaware, along Bowtown Road. Positioned in a prime growth corridor, this parcel offers outstanding potential for future development or commercial use, making it a rare investment in a rapidly expanding area.The property provides flexibility for a variety of uses, whether you're envisioning residential development, commercial expansion, or a mixed-use concept. The surrounding area continues to see steady growth, adding to the long-term value and appeal of this location.The property currently features an existing farmhouse and a detached garage, offering potential for renovation, rental income, or on-site office space during development.Opportunities like this are limited. Secure your stake in one of Delaware's most promising areas today.

511 Bowtown Road | MLS# 226014928

This land located at 511 Bowtown Road, Delaware, OH 43015 is currently listed for sale with an asking price of $1,748,360. The property has approximately 15.97 Acres. Bowtown Road is located within the DELAWARE CITY school district. Search Delaware real estate on 212caseroad.cutlerhomes.com today.

Property Features

Property Type: Land - Residential

Days on Market: 12

Lot Size: 15.97 Acres

Taxes: $3,472

Year Built: 1923

Feature Descriptions

Parcel #: 519-442-10-015-000

Local Schools

School District: DELAWARE CITY

Demographics

Delaware County Demographic Information for 511 Bowtown Road, Delaware, OH 43015

Fips

Fips Code 39041

Population

2020 to 2025 Change up 13.0%

2010 Count 174,214

2020 Count 214,124

2025 Estimate (V2025) 242,032

2020 Estimate (V2025) 214,135

Age Distribution (Years Old)

0 to 4 5.0%

5 to 17 23.9%

18 to 64 55.4%

65 and Older 15.7%

Gender

Male 50.0%

Female 50.0%

Place of Birth

Foreign 9.7%

US 90.3%

Education

High School Graduate, Age 25+ 97.1%

Bachelor's Degree or Higher, Age 25+ 59.4%

Computer and Internet use

Households with a computer 97.9%

Households with a broadband Internet subscription 96.0%

Language

English is Second Language, Age 5+ 11.3%

English is First Language, Age 5+ 88.7%

Veterans

Veterans 10,113

Income

Per Capita Income $61,395

Median Household Income $133,540

People in Poverty 4.3%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 86,483

Households 82,287

Average Household Size 2.73

Owner-Occupied 78.5%

Multi-Family 15.9%

Owner-Occupied Median Value $445,500

Median selected monthly owner costs -with a mortgage $2,493

Median selected monthly owner costs -without a mortgage $986

Median gross rent $1,492

Building Permits

New Private Housing Issued 2024 2,747

Years at Residence

1 Year or More 89.4%

Less Than 1 Year 10.6%

Business and Employment

Private non-farm Establishments 5,365

Private non-farm Employment 94,895

Private non-farm Employment Growth up 4.2%

Nonemployer Establishments 21,585

Number of Firms 4,077

Business Production

Value of Shipments $3,096,835,000

Wholesale Trade $2,187,941,000

Retail Trade $4,101,929,000

Retail Sales Per Capita $17,556

Accommodation and Food Services $582,897,000

Land

Land Area 443.10 sq. miles

Population Per Square Mile 394

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 9,685.97 per month $8,886.70 Principal & Interest $289.33 Property Tax $509.94 Homeowner's Insurance

Change Payment Information

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511 Bowtown RoadDelaware, OH 43015