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    2424 Kings Mills Rd Mason, OH 45040

    Sponsored
    For Lease
    $150,000

    1.35-acre pad site, I-71 access.

    Lot size:
    58,806 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.35-acre commercial pad site presents a unique investment opportunity in Mason, Ohio. Strategically located directly off I-71's on and off ramps, this property boasts unparalleled visibility and accessibility, situated a mere 280 feet from the site line. The site is ideally suited for build-to-suit (BTS) development or ground lease arrangements. Its prime location benefits from high traffic volume, with Kings Mills Road experiencing 28,375 vehicles per day. Furthermore, the property enjoys a significant adjacency advantage, being "anchored" by the renowned Kings Island Amusement Park, attracting over 3 million visitors annually. This presents a compelling opportunity to capitalize on the substantial foot traffic and tourism generated by this major attraction. The property's single-tenant zoning provides flexibility for a variety of commercial developments. The address is 2424 Kings Mills Rd, Mason, OH 45040. This is a rare chance to acquire a highly visible and accessible pad site in a thriving Ohio market.

    Property Features for 2424 Kings Mills Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,806 SF
    Total Rate
    150000

    Unit(s) available at that property

    Space
    Size
    58,806 SF
    Rate per SF
    $150,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Nail Salon Hotel & Motel Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Mason
    County
    Warren
    State
    Ohio
    Longitude
    -84.260171363984
    Latitude
    39.357426219378

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    FAQs

    What type of property is this?
    Land - 1.35-acre pad site, I-71 access.
    Where is this land located?
    The property is located at 2424 Kings Mills Rd Mason, OH.
    What is the lease rate?
    The lease rate is $150,000.
    Request Owner's contact information
    2424 Kings Mills Rd Mason, OH 45040
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    Mason, OH 45040
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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
    2424 Kings Mills Rd Mason, OH 45040
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