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    Yellow Bush Rd Racine, OH 45771

    Sponsored
    For Sale
    $945,000

    Prime Ohio commercial land: ideal for industrial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This expansive 65-acre commercial land parcel in Racine, Ohio, presents a compelling investment opportunity. Located off Tornado Road with access from Yellowbush Road, this property is situated outside city limits, offering flexibility and potential tax advantages. All utilities are readily available, including three-phase power, water, gas, and sewer, ensuring seamless development. The property's strategic location provides convenient access to Highways 33 and I-77, facilitating efficient transportation and logistics. With no zoning restrictions and the potential for Community Reinvestment Act tax incentives, this site is perfectly suited for industrial or warehouse development. The surrounding area boasts a population of 22,280 within a 10-mile radius, and a median household income of $45,160, indicating a strong and growing market. This exceptional property is offered for sale at $945,000 and represents a rare chance to acquire a significant land holding in a thriving Ohio community. The absence of zoning restrictions allows for a wide range of development possibilities, making this a truly unique investment prospect.

    Property Features for 0 Yellow Bush Rd

    General Information

    Property type
    Land
    Lot Size
    2,831,400 SF

    HighLights

    • 65‑acre commercial land parcel in Racine, Ohio, priced at $945,000.
    • Located off Tornado Road, accessible from Yellowbush Road, outside city limits.
    • All utilities available, including three‑phase power, water, gas, and sewer.
    • Convenient access to Highways 33 and I‑77.
    • No zoning restrictions; potential for Community Reinvestment Act tax incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Racine
    County
    Meigs
    State
    Ohio
    Longitude
    -81.9020891
    Latitude
    38.9626846

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    FAQs

    What type of property is this?
    Land - Prime Ohio commercial land: ideal for industrial development.
    Where is this land located?
    The property is located at Yellow Bush Rd Racine, OH.
    What is the asking price?
    The asking price for this property is $945,000.
    What are key features of this property?
    This property features: 65-acre commercial land parcel in Racine, Ohio, priced at $945,000.; Located off Tornado Road, accessible from Yellowbush Road, outside city limits.; All utilities available, including three-phase power, water, gas, and sewer.
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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
    Yellow Bush Rd Racine, OH 45771
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