Current Use by Public Records
- Land
Property Details for 0 Us Highway 40
- Lot size
- 78.83 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 78.83-acre industrial land parcel presents a unique investment opportunity in West Jefferson, Ohio. Located on US 40, this property boasts unparalleled access to major transportation arteries, including I-70 via OH-29 and US-42, and is less than 10 miles from I-270 and Columbus. The strategic location offers significant advantages for logistics and distribution, placing the property in close proximity to a thriving industrial hub. Surrounding the site are over 9 million square feet of Class A distribution and e-commerce facilities occupied by major companies such as Target, Kellogg's, Restoration Hardware, Amazon, Mars Petcare, Ace Hardware, Medline, JoAnn Fabrics, Moen, Honeywell, and Torrid, as well as a FedEx cross-dock terminal. This concentration of established businesses underscores the area's robust economic activity and high demand for industrial space. Further enhancing its appeal, utility extensions are currently underway along US-42, streamlining development and reducing infrastructure costs. The asking price is $3,941,500, translating to an attractive price per acre of $50,000. This property represents a compelling investment opportunity for developers and businesses seeking a strategic location within a rapidly growing industrial corridor. The land is zoned for industrial use and is ready for immediate development. Detailed site plans and surveys are available upon request.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Jefferson
- County
- Madison
- State
- Ohio
- Longitude
- -83.3688
- Latitude
- 39.9396
