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Industrial Land Tract with Major Arterial Frontage
For Sale
$10,500,000

1345 Legend Lane Alexandria, Alexandria, OH 43001

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

Property SizeContact for details
Lot Size124.00 Acres
Days on Market68

Property Features for 1345 Legend Lane Alexandria

General Information

Standard status Active
Lot size 124.00 Acres
Property subtype Land
Net Operating Income $30,000

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $13,882

Amenities

No
Sloped,Split Option Avail
123.97

Building Details

Year Built 2001
Listed By: Yashar Bayramzade
Source: Movenowohio
Added: Jul 7 Changed: Sep 12 Last Checked: Sep 12 at 3:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Yashar Bayramzade

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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Current Use

Industrial land

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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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 $10,500,000.
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
More about this property
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