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    Oh-142 West Jefferson, OH 43162

    For Sale
    $1,575,000

    Prime Commercial Land, 2.1 Acres, Ohio

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.1-acre commercial land parcel presents a remarkable investment opportunity in West Jefferson, Ohio. Strategically located at the signalized corner of US 40 and SR 142, this property boasts high visibility and accessibility, making it ideal for a variety of commercial ventures. The permitted zoning is COM, allowing for diverse development options. The site is conveniently situated just east of West Jefferson, offering easy access to a thriving regional market. The location benefits from proximity to major transportation arteries, ensuring excellent connectivity for businesses. Furthermore, the area is home to several large distribution centers for prominent retailers, including Amazon, Target, Torrid, Ace Hardware, and Kellogg, indicating a strong and growing commercial presence. The nearby Hollywood Casino further enhances the area's appeal and potential for increased foot traffic and consumer spending. While this listing features 2.1 acres, the possibility of acquiring additional adjacent land may exist, providing further expansion opportunities for interested buyers. This prime location and the potential for significant development make this a truly exceptional investment opportunity. The asking price for this exceptional property is $1,575,000.

    Property Features for 0 Oh-142

    General Information

    Property type
    Land
    Lot Size
    91,476 SF

    HighLights

    • High‑visibility corner lot with signalized intersection.
    • Close proximity to Hollywood Casino.
    • Strategic location near multiple major retailer distribution centers.
    • Nearby distribution centers include Amazon, Target, Torrid, Ace Hardware, and Kellogg's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Jefferson
    County
    Madison
    State
    Ohio
    Longitude
    -83.25378126
    Latitude
    39.94622556

    Nearby Comparable

    • $1,575,000

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      Entitled Land Ready For Construction

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    Nearby Similar for Sale

    • Contact for pricing
      747,520 SF

      C5 Gateway Logistics Center

      747,520 SF distribution center near Interstate 70.
      1050 Gtwy Park Dr, West Jefferson, OH
      View Details
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      1,090,000 SF

      West Jefferson Warehouse For Sale

      Large industrial warehouse with ample parking and modern amenities.
      44 Commerce Pkwy, West Jefferson, OH
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    • Contact for pricing
      1,090,000 SF

      Prime West Jefferson Industrial/Office

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    • $719,000
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      Prime West Jefferson Investment

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, 2.1 Acres, Ohio
    Where is this land located?
    The property is located at Oh-142 West Jefferson, OH.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: High-visibility corner lot with signalized intersection.; Close proximity to Hollywood Casino.; Strategic location near multiple major retailer distribution centers.
    (614) 255-4374
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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
    Oh-142 West Jefferson, OH 43162
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