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    Monroe OH 45050 Senate Dr Monroe, OH 45050

    Sponsored
    For Sale
    Contact for pricing

    20 Acres, Divisible, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity in Monroe, Ohio. Located directly off I-75 in the thriving Community Entertainment District, this property boasts unparalleled visibility and accessibility. The site encompasses 20 acres, divisible to accommodate various development plans, ranging from 1 to 20 acres. Its prime location offers significant advantages, situated mere seconds from the Cincinnati Premium Outlets (attracting over 3 million visitors annually) and Miami Valley Gaming (over 1.3 million visitors annually). The property benefits from its proximity to major retail and distribution giants, including Home Depot distribution and Amazon facilities. The recent paving of John Scott Road enhances visibility from I-75, making over 10 acres highly visible to interstate traffic. This strategic location provides exceptional exposure to a large consumer base and a robust commercial environment. The asking price ranges from $800,000 to $1,000,000 per acre, reflecting the property's exceptional value and potential. This is a rare opportunity to acquire a significant parcel of commercial land in a high-growth area with exceptional access and visibility. Further information and detailed site plans are available upon request.

    Property Features for Monroe OH 45050 Senate Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • High‑visibility commercial land exceeding 10 acres, newly accessible via paved John Scott Rd. directly off the interstate.
    • Prime commercial real estate with significant interstate frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Butler
    State
    Ohio
    Longitude
    -84.3301729
    Latitude
    39.4427224

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    FAQs

    What type of property is this?
    Land - 20 Acres, Divisible, High Traffic
    Where is this land located?
    The property is located at Monroe OH 45050 Senate Dr Monroe, OH.
    What are key features of this property?
    This property features: High-visibility commercial land exceeding 10 acres, newly accessible via paved John Scott Rd. directly off the interstate.; Prime commercial real estate with significant interstate frontage.;
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    Monroe OH 45050 Senate Dr Monroe, OH 45050
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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
    Monroe OH 45050 Senate Dr Monroe, OH 45050
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