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    Commerce Center Dr Franklin, OH 45005

    Sponsored
    For Sale
    Contact for pricing

    Franklin, OH: Prime Commercial/Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Franklin, Ohio property, known as Heritage Business Park, offers a unique opportunity for businesses seeking large-scale development. The site boasts flexible lot sizes ranging from 4.1 to 140.7 acres, zoned M-1 and C-2, allowing for diverse commercial and industrial uses. Its strategic location provides unparalleled visibility from I-75, enhanced by a dedicated traffic signal at the park entrance. The park is designed to accommodate "big box" sites and offers the flexibility of subdividing parcels to meet specific needs. Furthermore, developers can explore build-to-suit or lease-to-suit options. All utilities are conveniently located on-site, streamlining development processes. The property is already home to high-quality, upscale tenants, reflecting its desirability and strong market position. Attractive financial incentives are available through the City of Franklin, making this an exceptionally compelling investment opportunity. This prime location and flexible development options make Heritage Business Park an ideal choice for businesses seeking a prominent presence in a thriving market. Contact us today to learn more about this exceptional opportunity.

    Property Features for 0 Commerce Center Dr

    General Information

    Property type
    Land
    Lot Size
    178,596 SF

    HighLights

    • Upscale business park with high‑quality tenants.
    • Large, divisible big‑box sites available.
    • Build‑to‑suit and lease‑to‑suit options available.
    • On‑site utilities.
    • Signalized park entrance.
    • High visibility from I‑75.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Warren
    State
    Ohio
    Longitude
    -84.273702319697
    Latitude
    39.567203780458

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Franklin, OH: Prime Commercial/Industrial Land
    Where is this land located?
    The property is located at Commerce Center Dr Franklin, OH.
    What are key features of this property?
    This property features: Upscale business park with high-quality tenants.; Large, divisible big-box sites available.; Build-to-suit and lease-to-suit options available.
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    Commerce Center Dr Franklin, OH 45005
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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
    Commerce Center Dr Franklin, OH 45005
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