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    9500 Ikea Way West Chester, OH 45069

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    For Sale
    Contact for pricing

    Prime IKEA Outlot, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.49-acre commercial land parcel presents a unique investment opportunity in West Chester Township, Ohio. Located at 9500 IKEA Way (Outlot 2), this property boasts a highly desirable B-2 General Business District zoning, allowing for a wide range of development possibilities. Situated in the thriving Northern Cincinnati area along the I-75 corridor, the site benefits from exceptional visibility along Mulhauser Road and is surrounded by a robust concentration of businesses and a substantial workforce. More than 2,500 businesses and 40,000 employees are located within this immediate area, with a labor pool exceeding one million people within a 45-minute commute. The township itself is characterized by a largely affluent residential population and demonstrates moderate, consistent growth. This strategic location ensures high traffic volume and excellent exposure. The property's proximity to major retailers such as Top Golf, AMC Theatres, Chuy's, Smokey Bones, Main Event Entertainment, Buffalo Wild Wings, and Bravo Cucina Italiana further enhances its appeal and potential for success. This is an unparalleled opportunity to capitalize on a prime location within one of Ohio's most populated townships, offering significant potential for commercial development and strong returns on investment. The zip code is 45069. The property's coordinates are latitude 39.3154678 and longitude -84.4339977.

    Property Features for 9500 Ikea Way

    General Information

    Property type
    Land
    Lot Size
    64,904 SF

    HighLights

    • 1.49‑acre commercial land parcel zoned B‑2.
    • Located in West Chester, Ohio's I‑75 corridor, near 2,500+ businesses and 40,000 employees.
    • Strong labor pool (1M+ within 45‑minute commute) and affluent residential base.
    • Excellent retail synergy with nearby Top Golf, AMC, Chuy's, and other national brands.
    • High visibility from Mulhauser Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Butler
    State
    Ohio
    Longitude
    -84.4339977
    Latitude
    39.3154678

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    FAQs

    What type of property is this?
    Land - Prime IKEA Outlot, High-Traffic Location
    Where is this land located?
    The property is located at 9500 Ikea Way West Chester, OH.
    What are key features of this property?
    This property features: 1.49-acre commercial land parcel zoned B-2.; Located in West Chester, Ohio's I-75 corridor, near 2,500+ businesses and 40,000 employees.; Strong labor pool (1M+ within 45-minute commute) and affluent residential base.
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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
    9500 Ikea Way West Chester, OH 45069
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