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    9520 Jacksontown Rd Thornville, OH 43076

    For Sale
    $850,000

    3 Acres, I-70 Proximity, All Utilities

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Thornville, Ohio. Strategically located on Jacksontown Road, this property boasts convenient access to Interstate 70 and State Route 13, ensuring high visibility and easy accessibility for businesses. The property is zoned for commercial use, allowing for a wide range of development possibilities. All utilities are readily available, simplifying the development process and minimizing upfront costs. The asking price is $850,000, translating to $290,000 per acre, reflecting the prime location and development potential. Given its proximity to major transportation arteries, this land is ideal for a variety of commercial ventures, from retail establishments and restaurants to light industrial uses. The expansive lot size offers ample space for construction and potential future expansion. With its strategic location and readily available utilities, this property represents a compelling investment opportunity in a growing area. The property's address is 9520 Jacksontown Road, Thornville, OH 43076, and is situated in Licking County. The land is also conveniently located near Interstate 40.

    Property Features for 9520 Jacksontown Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre commercial land parcel in Thornville, OH.
    • Located on Jacksontown Road with easy I‑70 and SR 13 access.
    • Commercially zoned with available utilities.
    • Asking price: $850,000 ($290,000/acre).
    • Ideal for retail, restaurants, or light industrial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Kitchen & Bath Accounting Firm Bar & Pub Computer & Electronic Repair Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Thornville
    County
    Licking
    State
    Ohio
    Longitude
    -82.4102628
    Latitude
    39.8765387

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    FAQs

    What type of property is this?
    Land - 3 Acres, I-70 Proximity, All Utilities
    Where is this land located?
    The property is located at 9520 Jacksontown Rd Thornville, OH.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 3-acre commercial land parcel in Thornville, OH.; Located on Jacksontown Road with easy I-70 and SR 13 access.; Commercially zoned with available utilities.
    Request Owner's contact information
    9520 Jacksontown Rd Thornville, OH 43076
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    Thornville, OH 43076
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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
    9520 Jacksontown Rd Thornville, OH 43076
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