161 And Sr 37 Alexandria, OH 43001
This exceptional 160-acre commercial land parcel presents a unique investment opportunity in Alexandria, Ohio. Strategically located at the intersection of State Route 161 and State Route 37, this property offers unparalleled visibility and accessibility. The site is designated for commercial use and boasts abundant parking, making it ideal for a wide range of development projects. With a single-tenant occupancy potential, this expansive tract provides ample space for large-scale ventures requiring significant land area. The property's location in Licking County, Ohio, provides access to a robust infrastructure and a growing regional economy. The zoning and permitted uses should be verified independently. This is a blank canvas for a developer seeking a substantial footprint in a high-traffic area. The sheer size of the lot allows for flexibility in design and development, catering to various commercial needs. Given its prime location and significant acreage, this property represents a rare opportunity for substantial commercial growth and return on investment. Interested parties are encouraged to conduct their own due diligence to confirm all aspects of the property's suitability for their intended use. The property is available for lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.