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    Cedar Village Dr Mason, OH 45040

    Sponsored
    For Sale
    $2,500,000

    8.64 Acres, High-Tech Zoning, I-71 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8.64-acre commercial land parcel in Mason, Ohio, presents a unique investment opportunity. Located in the HT-1 High Tech Light Industrial District, this property boasts a prime location with easy access to I-71 via a signalized interchange at Cedar Village Drive and Mason Montgomery Road. Its strategic position places it between established retail to the south and residential areas and Mason city schools to the north, ensuring strong potential for diverse development. The site benefits from its proximity to the upscale Mosaic development, a mixed-use project featuring a Dorothy Lane Market, Fifth Third Bank, hotel, residential units, and retail spaces. This development significantly enhances the area's appeal and provides a strong foundation for future growth. Market demographics are exceptionally strong, with over 66,000 people within a 30-mile radius boasting an average household income of $111,845. The property's address is 0 Cedar Village Dr, Mason, OH 45040, in Warren County. This is an ideal location for businesses seeking visibility and access to a thriving community. The asking price for this significant land parcel is $2,500,000.

    Property Features for 0 Cedar Village Dr

    General Information

    Property type
    Land
    Lot Size
    376,358 SF

    HighLights

    • $2,500,000 asking price for 8.64 acres of commercial land.
    • HT‑1 High Tech Light Industrial zoning.
    • Excellent location near the upscale Mosaic development (Dorothy Lane Market, Fifth Third Bank, hotel, residential, and retail).
    • Easy I‑71 access via a signalized interchange at Cedar Village Dr. and Mason Montgomery Rd.
    • Strong demographics: over 66,000 people within a 30‑mile radius, average household income $111,845.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mason
    County
    Warren
    State
    Ohio
    Longitude
    -84.311824769947
    Latitude
    39.329676456287

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    FAQs

    What type of property is this?
    Land - 8.64 Acres, High-Tech Zoning, I-71 Access
    Where is this land located?
    The property is located at Cedar Village Dr Mason, OH.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price for 8.64 acres of commercial land.; HT-1 High Tech Light Industrial zoning.; Excellent location near the upscale Mosaic development (Dorothy Lane Market, Fifth Third Bank, hotel, residential, and retail).
    Request Owner's contact information
    Cedar Village Dr Mason, OH 45040
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    Mason, OH 45040
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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
    Cedar Village Dr Mason, OH 45040
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