Tornado Rd Racine, OH 45771
- Land
- 0.83 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tornado Rd
- Lot size
- 0.83 lot acres
- Property type
- Land
Description
This exceptional 0.83-acre commercial lot in Racine, Ohio, presents a remarkable investment opportunity. Situated near Southern High School, the property boasts excellent visibility with 159 feet of frontage along Tornado Road, ensuring high traffic exposure. Its convenient location provides easy access to US Route 33, a major thoroughfare, enhancing its accessibility and appeal. The site is ideally suited for a variety of commercial ventures, including retail storefronts, office spaces, restaurants, or coffee shops. The small-town setting offers a unique opportunity to establish a thriving business within a close-knit community. All essential utilities are readily available, including power, water, gas, and sewer connections, simplifying the development process. The property is located within city limits and is free from zoning restrictions, offering flexibility in development plans. Furthermore, the potential for Community Reinvestment Area tax incentives could significantly reduce development costs. High traffic counts further enhance the property's value, with 2,829 vehicles per day (VPD) recorded on Elm Street leading to Tornado Road and over 4,000 VPD at the intersection of Tornado Road and US Route 33. This prime location and the absence of zoning restrictions make this an exceptional opportunity for a savvy investor seeking high-visibility commercial land in a growing area. The asking price is $99,000.
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
- Racine
- County
- Meigs
- State
- Ohio
- Longitude
- -81.8578
- Latitude
- 38.9707
