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    613 & I-75 Rte Van Buren, OH 45889

    For Sale
    $2,600,000

    Prime Commercial Land, Ohio, $2.6M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 67-acre commercial land parcel presents a unique investment opportunity in Van Buren, Ohio. Strategically located at the intersection of I-75 and State Route 613, this property boasts a highly desirable Northwest quadrant location. Currently zoned for commercial use, the land is ready for immediate development, benefiting from existing sewer and water infrastructure. The site's prime location offers unparalleled access to major transportation arteries, including the nearby CSX intermodal rail facility and the recently constructed Home Depot distribution center. This farmland presents significant potential for businesses seeking proximity to established logistics and distribution networks. The asking price for this expansive tract is $2,600,000. Its advantageous position across from the Home Depot distribution center and its connection to I-75 and State Route 613 make it an ideal location for businesses seeking high visibility and convenient access to regional and national markets. The property's commercial zoning and readily available utilities further enhance its development potential, making it an attractive proposition for a wide range of commercial ventures. Located in Hancock County, Ohio, with a zip code of 45889, this property offers a compelling blend of location, infrastructure, and zoning, making it a prime candidate for significant commercial development.

    Property Features for 613 & I-75 Rte

    General Information

    Property type
    Land
    Lot Size
    2,918,520 SF

    HighLights

    • 67‑acre commercial land parcel at I‑75 and State Route 613 intersection.
    • Northwest quadrant location in Van Buren, Ohio.
    • Commercially zoned farmland.
    • Existing sewer and water infrastructure.
    • Across from a new Home Depot distribution center.
    • Ideal for development due to proximity to the CSX intermodal rail facility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Van Buren
    County
    Hancock
    State
    Ohio
    Longitude
    -83.6589491
    Latitude
    41.1455588

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Ohio, $2.6M
    Where is this land located?
    The property is located at 613 & I-75 Rte Van Buren, OH.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 67-acre commercial land parcel at I-75 and State Route 613 intersection.; Northwest quadrant location in Van Buren, Ohio.; Commercially zoned farmland.
    Request Owner's contact information
    613 & I-75 Rte Van Buren, OH 45889
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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
    613 & I-75 Rte Van Buren, OH 45889
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