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Property profile & analytics
OFF-MARKET
Land

0 I-70 & Sr-29 West Jefferson, OH 43162

47.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 47.66-acre commercial development land boasts a prime location at the I-70 and SR-29 interchange in West Jefferson, Ohio (zip code 43162), Madison County. The property is zoned PCD and offers significant advantages for developers. A 15-year, 100% real property tax abatement is currently in place, providing substantial financial incentives. All utilities are readily available, and a driveway access point from the north is under construction. The site is pad-ready, and developers are welcome to explore build-to-suit options. Preliminary site plans are already complete, streamlining the development process. Access to I-70 is exceptionally convenient, with only one traffic light between the property and the interstate. The I-70 and Route 29 interchange has recently undergone major improvements, enhancing accessibility. This location offers unparalleled access to major transportation arteries, placing over 50% of the US and Canadian population within a one-day trucking radius. The site benefits from its proximity to numerous established businesses, including Mars Petcare, Restoration Hardware, Target, Kellogg’s, Ace Hardware, Medline, Amazon (two facilities), Honeywell, Jo-An Fabrics, Torrid distribution buildings, and a FedEx cross-dock facility. A traffic light at Route 29 ensures easy ingress and egress. This presents a rare opportunity for significant commercial development in a thriving, strategically located area.

Property profile
Verified
Property type Land
Lot 47.66 ac (2,076,070 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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