Chillicothe, OH 45601
- Mixed-use properties
- 15.90 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details
- Lot size
- 15.90 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chillicothe
- County
- Ross
- State
- Ohio
- Longitude
- -82.9751
- Latitude
- 39.4098
