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Property profile & analytics
OFF-MARKET
Land

0 Yellow Bush Rd Racine, OH 45771

65 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 65 ac (2,831,400 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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