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    5280-3 Kings Mills Rd Mason, OH 45040

    Sponsored
    For Sale
    $530,000

    2.12 Acres, High-Growth Area, $530K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.12-acre commercial land parcel presents a prime development opportunity in Mason, Ohio. Located at 5280-3 Kings Mills Road (SR 741), this pad-ready site boasts a highly desirable location, shadow-anchored by a Kroger grocery store. The property, identified by APN 16-24-203-001, is situated in a rapidly growing area with strong demographics, making it ideal for retail or multifamily development. All utilities are readily available, simplifying the construction process. The asking price is $530,000, translating to approximately $250,000 per acre. This represents a compelling investment in a thriving market. The property's convenient proximity to Interstate 71 (less than a quarter-mile away) ensures excellent accessibility and visibility. Additional parcels of similar size are also available for purchase. This is a rare chance to acquire a strategically located land parcel poised for significant appreciation. The property is zoned for commercial use and offers a unique opportunity for investors seeking high-growth potential in a well-established community.

    Property Features for 5280-3 Kings Mills Rd

    General Information

    Property type
    Land
    Lot Size
    92,347 SF

    HighLights

    • 2.12‑acre pad‑ready commercial lot in Mason, OH.
    • Located at 5280‑3 Kings Mills Road (SR 741), shadow‑anchored by Kroger.
    • APN 16‑24‑203‑001, zoned commercial.
    • Excellent accessibility, less than 1/4 mile from I‑71.
    • $530,000 asking price ($250,000/acre). Additional parcels available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mason
    County
    Warren
    State
    Ohio
    Longitude
    -84.277156498307
    Latitude
    39.360661099186

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    FAQs

    What type of property is this?
    Land - 2.12 Acres, High-Growth Area, $530K
    Where is this land located?
    The property is located at 5280-3 Kings Mills Rd Mason, OH.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: 2.12-acre pad-ready commercial lot in Mason, OH.; Located at 5280-3 Kings Mills Road (SR 741), shadow-anchored by Kroger.; APN 16-24-203-001, zoned commercial.
    (513) 265-1700
    Request Owner's contact information
    5280-3 Kings Mills Rd 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
    5280-3 Kings Mills Rd Mason, OH 45040
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