Market Ave Middletown, OH 45005
- Land
- 12.60 lot acres
Current Use by Public Records
- Land
Property Details for 0 Market Ave
- Lot size
- 12.60 lot acres
- Property type
- Land
Description
This exceptional 12.6-acre parcel in Middletown, Ohio (45005), located on Market Ave in Butler County, presents a unique opportunity for immediate multi-family development. Zoned Multi-Family BC-H, this permit-ready site boasts pre-approved entitlements, eliminating lengthy delays and streamlining the construction process. The Atticus project plan, already in place, envisions 243 multi-family dwellings. Significant cost savings are available through a county sales tax exemption on construction materials up to $1.75 million, coupled with the city's waiver of all permit fees. Construction can commence immediately, capitalizing on a current moratorium on new multi-family projects in the area, ensuring strong occupancy rates. This prime location offers unparalleled advantages, situated directly across the street from a planned $200 million mixed-use entertainment development, including a state-of-the-art event center, scheduled to break ground in Q4 2024. This development will significantly enhance the area's desirability and property values. The asking price for this exceptional opportunity is $6,561,000. Don't miss this chance to acquire a truly exceptional, ready-to-build multi-family development site in a rapidly growing area. The property's latitude and longitude coordinates are 39.49666, -84.31943 respectively.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Butler
- State
- Ohio
- Longitude
- -84.3194
- Latitude
- 39.4967
