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    I-70 & Sr 158 Alexandria, OH 43033

    Sponsored
    For Sale
    $6,878,000

    Prime Ohio Commercial/Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 68.78-acre parcel presents a significant development opportunity in Licking County, Ohio. Strategically located at the intersection of I-70 and SR 158 in Kirkersville (zip code 43033), this property offers unparalleled access to major transportation arteries. The land is divided into two parcels: approximately 56.61 acres and 12.17 acres, providing flexibility for various development scenarios. Its proximity to the I-70 corridor, coupled with the presence of nearby Amazon and Kohl's distribution centers, ensures high visibility and strong potential for commercial or industrial development. The site boasts all utilities available at the street, including water from Southwest Licking Water, sewer service from the Village of Kirkersville, and natural gas from Columbia Gas. The property's zoning allows for a range of uses, including potential retail opportunities, making it an attractive investment for developers seeking a high-traffic location with excellent infrastructure. The asking price for this expansive land holding is $6,878,000. This is a rare chance to acquire a substantial tract of land in a rapidly growing area with exceptional access to major transportation networks.

    Property Features for I-70 & Sr 158

    General Information

    Property type
    Land
    Lot Size
    2,996,057 SF

    HighLights

    • 68.78 acres of industrial/commercial land available.
    • I‑70 direct access.
    • Retail development potential.
    • All utilities available at street.
    • Water service: Southwest Licking Water Reclamation District.
    • Sewer service: Village of Kirkersville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alexandria
    County
    Licking
    State
    Ohio
    Longitude
    -82.599765423568
    Latitude
    39.949778214866

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    FAQs

    What type of property is this?
    Land - Prime Ohio Commercial/Industrial Land
    Where is this land located?
    The property is located at I-70 & Sr 158 Alexandria, OH.
    What is the asking price?
    The asking price for this property is $6,878,000.
    What are key features of this property?
    This property features: 68.78 acres of industrial/commercial land available.; I-70 direct access.; Retail development potential.
    Request Owner's contact information
    I-70 & Sr 158 Alexandria, OH 43033
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    Alexandria, OH 43033
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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 158 Alexandria, OH 43033
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