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    Mt Orab Pike & S High Street Georgetown, OH 45121 Georgetown, OH 45121

    For Lease
    Contact for pricing

    Corner lot, high-growth area, adjacent to new development.

    Lot size:
    87,120 SF

    Description

    Added:
    Jan 15, 2025
    Days on Market:
    331
    This exceptional commercial/industrial land parcel, situated at the intersection of Mt. Orab Pike and S High Street in Georgetown, Ohio (zip code 45121), presents a unique investment opportunity. Spanning approximately 1.5 to 2 acres, this corner lot benefits from its strategic location within a rapidly expanding market. The property enjoys convenient access to major thoroughfares and is directly adjacent to a future MercyHealth building, ensuring high visibility and potential synergy. Further enhancing its appeal, the site is surrounded by new residential developments, creating a robust and growing local market. This location is also strategically positioned near a significant development project: a 41-acre industrial park currently under development by the Georgetown Port Authority, with financial backing from REDI Cincinnati's Site Revolving Loan Fund. This initiative is designed to attract new businesses and stimulate economic growth in the Georgetown area, promising further appreciation in property value. The land is available for a ground lease. This presents a compelling opportunity for developers and businesses seeking a prime location in a thriving community.

    Property Features for Mt Orab Pike & S High Street Georgetown, OH 45121

    General Information

    Property type
    Commercial land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,120 SF
    Elevators
    N/A

    HighLights

    • Prime corner lot in Georgetown, OH, at Mt Orab Pike & S High Street.
    • Adjacent to future MercyHealth building, offering excellent visibility and access.
    • Located in a rapidly growing market with new housing and a 41‑acre industrial park development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    City
    Georgetown
    State
    Ohio

    FAQs

    What type of property is this?
    Commercial land - Corner lot, high-growth area, adjacent to new development.
    Where is this commercial land located?
    The property is located at Mt Orab Pike & S High Street Georgetown, OH 45121 Georgetown, OH.
    What are key features of this property?
    This property features: Prime corner lot in Georgetown, OH, at Mt Orab Pike & S High Street.; Adjacent to future MercyHealth building, offering excellent visibility and access.; Located in a rapidly growing market with new housing and a 41-acre industrial park development.
    (513) 588-1840
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    Mt Orab Pike & S High Street Georgetown, OH 45121 Georgetown, OH 45121
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    Georgetown, OH 45121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mt Orab Pike & S High Street Georgetown, OH 45121 Georgetown, OH 45121
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