Located in the heart of Lockbourne, Ohio, 4900 Creekside Parkway offers a unique blend of accessibility, natural beauty, and economic growth opportunities. As a domain expert in real estate and local economic development, I have had the privilege of analyzing the potential of this location. In this article, I will share my insights on why 4900 Creekside Parkway stands out as a prime location for businesses, residents, and investors alike.
Strategic Location
Lockbourne, Ohio, is situated in Franklin County, approximately 20 miles southeast of Columbus. The city’s proximity to the state capital and its major transportation hubs makes it an attractive location for businesses seeking to establish a presence in the region. 4900 Creekside Parkway, in particular, benefits from its strategic location, offering easy access to major highways, including US-62 and OH-304.
Demographic Overview
The area surrounding 4900 Creekside Parkway has experienced significant growth in recent years, with a population increase of over 15% in the past five years. According to the United States Census Bureau, the median household income in Lockbourne is 73,441, with a median home value of 172,000. The local economy is diverse, with major industries including healthcare, education, and manufacturing.
| Economic Indicator | Value |
|---|---|
| Median Household Income | $73,441 |
| Median Home Value | $172,000 |
| Population Growth Rate (5-year) | 15.2% |
Key Points
- Strategic location with easy access to major highways and transportation hubs
- Growing population with a diverse economy and major industries in healthcare, education, and manufacturing
- Affordable median home value and median household income
- Opportunities for businesses to establish a presence in the region
- Natural beauty and outdoor recreational opportunities in the surrounding area
Economic Growth Opportunities
The local government has implemented initiatives to stimulate economic growth, including tax incentives for businesses and infrastructure development projects. These efforts have contributed to the area’s attractiveness for entrepreneurs and investors. 4900 Creekside Parkway, with its prime location, is well-positioned to benefit from these initiatives.
Infrastructure and Amenities
The surrounding area offers a range of amenities, including parks, recreational facilities, and shopping centers. The nearby city of Columbus provides access to a broader range of cultural, educational, and entertainment options. In terms of infrastructure, 4900 Creekside Parkway benefits from its proximity to major transportation routes, ensuring efficient connectivity to key markets.
Real Estate Market
The real estate market in Lockbourne, Ohio, has experienced steady growth, with a 10% increase in property values over the past year. According to local real estate agents, the demand for commercial and residential properties in the area is high, driven by the location’s appeal and economic growth prospects.
Conclusion
In conclusion, 4900 Creekside Parkway in Lockbourne, Ohio, offers a unique combination of strategic location, economic growth opportunities, and natural beauty. As a domain expert, I believe that this location has the potential to attract businesses, residents, and investors looking for a prime location in the region.
What are the major industries in Lockbourne, Ohio?
+The major industries in Lockbourne, Ohio, include healthcare, education, and manufacturing.
What is the median household income in Lockbourne, Ohio?
+The median household income in Lockbourne, Ohio, is $73,441.
What are the benefits of locating a business at 4900 Creekside Parkway?
+The benefits of locating a business at 4900 Creekside Parkway include its strategic location, access to major transportation routes, and opportunities for economic growth.
