5280-3 Kings Mills Rd, Mason, OH 45040
This exceptional 2.12-acre commercial land parcel presents a prime development opportunity in Mason, Ohio. Located at 5280-3 Kings Mills Road (SR 741), this pad-ready site boasts a highly desirable location, shadow-anchored by a Kroger grocery store. The property, identified by APN 16-24-203-001, is situated in a rapidly growing area with strong demographics, making it ideal for retail or multifamily development. All utilities are readily available, simplifying the construction process. The asking price is $530,000, translating to approximately $250,000 per acre. This represents a compelling investment in a thriving market. The property's convenient proximity to Interstate 71 (less than a quarter-mile away) ensures excellent accessibility and visibility. Additional parcels of similar size are also available for purchase. This is a rare chance to acquire a strategically located land parcel poised for significant appreciation. The property is zoned for commercial use and offers a unique opportunity for investors seeking high-growth potential in a well-established community.
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
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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.