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    I-70 & Sr-29 West Jefferson, OH 43162

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    For Sale
    Contact for pricing

    47.66 Acres, Prime Ohio Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 47.66-acre commercial development land boasts a prime location at the I-70 and SR-29 interchange in West Jefferson, Ohio (zip code 43162), Madison County. The property is zoned PCD and offers significant advantages for developers. A 15-year, 100% real property tax abatement is currently in place, providing substantial financial incentives. All utilities are readily available, and a driveway access point from the north is under construction. The site is pad-ready, and developers are welcome to explore build-to-suit options. Preliminary site plans are already complete, streamlining the development process. Access to I-70 is exceptionally convenient, with only one traffic light between the property and the interstate. The I-70 and Route 29 interchange has recently undergone major improvements, enhancing accessibility. This location offers unparalleled access to major transportation arteries, placing over 50% of the US and Canadian population within a one-day trucking radius. The site benefits from its proximity to numerous established businesses, including Mars Petcare, Restoration Hardware, Target, Kellogg’s, Ace Hardware, Medline, Amazon (two facilities), Honeywell, Jo-An Fabrics, Torrid distribution buildings, and a FedEx cross-dock facility. A traffic light at Route 29 ensures easy ingress and egress. This presents a rare opportunity for significant commercial development in a thriving, strategically located area.

    Property Features for 0 I-70 & Sr-29

    General Information

    Property type
    Commercial land
    Lot Size
    2,076,070 SF

    HighLights

    • 15‑year, 100% real property tax abatement.
    • All utilities available.
    • Driveway access from the north under construction.
    • PCD zoning.
    • Pad‑ready site.
    • Build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    West Jefferson
    County
    Madison
    State
    Ohio
    Longitude
    -83.3307959
    Latitude
    39.960675

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    FAQs

    What type of property is this?
    Commercial land - 47.66 Acres, Prime Ohio Location
    Where is this commercial land located?
    The property is located at I-70 & Sr-29 West Jefferson, OH.
    What are key features of this property?
    This property features: 15-year, 100% real property tax abatement.; All utilities available.; Driveway access from the north under construction.
    Request Owner's contact information
    I-70 & Sr-29 West Jefferson, OH 43162
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    West Jefferson, OH 43162
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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
    I-70 & Sr-29 West Jefferson, OH 43162
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