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    9600 Mahoning Ave North Jackson, OH 44451

    For Sale
    $1,100,000

    11.3 Acres, High-Traffic Location, B-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional 11.3-acre commercial land parcel in North Jackson, Ohio, is available for $1,100,000. This strategically located property boasts a prominent position at 9600 Mahoning Ave (State Route 18), benefiting from nearly 900 feet of frontage. Its ideal location is situated between major transportation arteries, the Ohio Turnpike and Pennsylvania Turnpike, directly off Exit 218 of the Ohio Turnpike, ensuring high visibility from both roadways. This high-traffic location offers excellent potential for signage. The property is zoned B-1, according to the zoning map, and features two existing driveways. The site previously housed a hotel and residential structure, which have since been demolished. The land comprises six individual lots. North Jackson Township has experienced significant recent economic growth, attracting over $80 million in business investments within the last five years, making this a prime opportunity for commercial development. The property's history suggests potential for a large-scale project, given the previous presence of a 90-unit hotel. APN: 50-049-0-015-00-0.

    Property Features for 9600 Mahoning Ave

    General Information

    Property type
    Land
    Lot Size
    492,228 SF

    HighLights

    • 11.3‑acre vacant land parcel.
    • B‑1 zoned.
    • Features two driveways.
    • Previously contained a house and Holiday Inn (demolished).
    • North Jackson Township has attracted $80 million in business investment (past 5 years).
    • Strategically located at the intersection of Ohio and Pennsylvania Turnpikes, offering high traffic visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    North Jackson
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.832749
    Latitude
    41.10185

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    FAQs

    What type of property is this?
    Land - 11.3 Acres, High-Traffic Location, B-1 Zoning
    Where is this land located?
    The property is located at 9600 Mahoning Ave North Jackson, OH.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 11.3-acre vacant land parcel.; B-1 zoned.; Features two driveways.
    Request Owner's contact information
    9600 Mahoning Ave North Jackson, OH 44451
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    North Jackson, OH 44451
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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
    9600 Mahoning Ave North Jackson, OH 44451
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