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Property profile & analytics
OFF-MARKET
Mixed-use properties

Chillicothe, OH 45601

15.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.9-acre mixed-use land parcel in Chillicothe, Ohio, presents a compelling investment opportunity. Located in Green Township, Ross County, just north of Chillicothe, this shovel-ready site boasts prime visibility from US Route 23, a major thoroughfare connecting Columbus and Southern Ohio. The property offers easy access to Route 207 and North Bridge Street, enhancing its accessibility and logistical advantages. Potential uses are diverse, encompassing medical, office, light manufacturing, retail, and residential developments. Extensive due diligence has already been completed, including wetland and cultural studies, eliminating significant pre-development hurdles. The strategic location near Adena Regional Medical Center, a new Cohen orthopedic facility, Kenworth Truck plant, and PACAR Manufacturing, further underscores its potential for significant returns. This property benefits from its inclusion in Federal Trade Zone #138, Ross County Enterprise Zone #080 (with a potential 15-year tax abatement), and the Green Township Community Reinvestment Area (CRA). The site's potential for a pylon sign at Hospital Road adds to its marketing appeal. The area also offers job training programs, providing an additional incentive for potential developers. Priced at $1,192,500 ($1.47/sq ft land value), this property represents a rare opportunity to capitalize on a highly desirable location and a streamlined development process.

Property profile
Verified
Property type Mixed-use properties
Lot 15.9 ac (692,604 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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