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0 Ring Rd Harrison, OH 45030

OFF-MARKET Land Google Maps
1.25 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.25-acre development site in Harrison, Ohio, is offered for sale at $968,750 ($775,000/acre). Located in the B-4 General Business District, this property boasts prime highway visibility with potential for interstate signage (subject to city approval). The site benefits from its immediate proximity to the I-74/New Haven Rd. exit, ensuring excellent accessibility. The surrounding area features a strong concentration of national and regional retailers, including Home Depot, Staples, Cracker Barrel, and many others, creating a vibrant commercial environment. This property consists of two adjacent parcels (.75 acres and .5 acres), which can be purchased individually or together. A significant advantage is the absence of tap fees for most users, reducing development costs. The property's APN is 561-0011-0045-00, 561-0011-0055-00. A lease option is also available at 1% of the asking price per month with a 15-year minimum term. This presents a unique opportunity for developers seeking a high-traffic location with minimal upfront infrastructure expenses. Strong demographics further enhance the investment potential of this strategically located property.

Property profile

Verified
Property type Land
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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