Building Details

Year Built 2001

Listed By: Yashar Bayramzade Show Phone

Source: Movenowohio

Added: Jul 7 Changed: Oct 26 Last Checked: Oct 7 at 9:31AM

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Investment Insights

Based on property information with market context.

This offering consists of a large industrial land tract with approximately 3,926 feet of frontage along the north side of State Route 161. The property includes a waterline available at the northwest corner via Jersey Mill Road. In addition, a new 3-million-gallon-per-day sewer plant is planned directly east of the property and is currently in the design phase.

The tract is positioned just east of Route 310 and is described as being about 5 miles southeast of the New Albany International Business Park. The seller notes that upcoming six-lane expansion of State Route 161 will not require taking additional land from this parcel.

For developers, industrial users, or investors evaluating future growth, the configuration and utility access support site planning across a long arterial frontage footprint. The seller is also open to considering a single-investor buy-in opportunity for the entire tract, providing one structured option for parties seeking control of a larger contiguous parcel.

Key Highlights

• 124‑acre industrial land tract with 3,926 ft of frontage along the north side of State Route 161
• Location: about 5 miles southeast of the New Albany International Business Park; just east of Route 310
• 16' waterline available at the northwest corner on Jersey Mill Road

Property Analytics

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Open Analytics

Suggested Use

Top Pick Auto Repair Shop HVAC Service Plumbing Service Storage Facility Pharmacy Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

81

Businesses Nearby

Explore this area Business Placement

Demographics for 43001, OH

2,705

Population

1,195

Households

2.3

Avg Household Size

44

Median Age

32%

College-Educated

98%

High-School Grad

29.3 sq mi

ZIP Area

92

Density / Sq Mi

$84,107

Median Household Income

$48,365

Median Earnings

$1,213

Median Rent

$343,100

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Large industrial land parcel with extensive State Route 161 frontage and available water service at the northwest corner.

Where is this industrial land located?

The property is located at 1345 Legend Lane Alexandria Alexandria, OH.

What is the asking price?

The asking price for this property is $9,300,000.

What are key features of this property?

This property features: 124‑acre industrial land tract with 3,926 ft of frontage along the north side of State Route 161; Location: about 5 miles southeast of the New Albany International Business Park; just east of Route 310; 16' waterline available at the northwest corner on Jersey Mill Road