Property profile

5280-3 Kings Mills Rd Mason, OH 45040

OFF-MARKET
Land
2.12 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.12 ac (92,347 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5280-3 Kings Mills Rd Mason, OH 45040
Mason metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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