0 Harding Hwy Caledonia, OH 43302
This exceptional 1.73-acre commercial lot, zoned B-2, presents a unique investment opportunity in Marion County, Ohio. Located on East Harding Highway (State Route 309), this improved property boasts high visibility from the northbound lanes, offering excellent exposure for any business. Its strategic location is approximately 0.125 miles from the US 23 interchange, ensuring convenient access for customers and employees. The lot is situated at the intersection of East Harding Highway and Kibbey Drive, providing easy ingress and egress. Adding to its appeal, the property is adjacent to a thriving commercial area, featuring seven established businesses and a 176-unit apartment complex with one, two, and three-bedroom units. The sole access point for both the businesses and residents runs directly alongside this lot, creating a high volume of daily traffic. This presents a significant advantage for businesses seeking high visibility and convenient access to a substantial customer base. The asking price for this remarkable property is $375,000. Don't miss this chance to acquire a highly visible and strategically located commercial lot in a rapidly growing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.