You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Warehouses

661 State Rd London, OH 43140

Property ID
Property summary
AI-generated overview

This exceptional 8,579,142 square foot property, located at 661 State Rd 38 in London, Ohio, presents a unique investment opportunity. Situated at a signalized intersection on the southeast corner of State Route 38 and US-40, this 5th generation farm boasts a highly desirable C-2 zoning designation, allowing for a wide range of commercial and industrial uses. The property's strategic location offers unparalleled access to major transportation arteries, with Interstate 70 less than five miles in either direction, ensuring excellent connectivity and logistical advantages. All utilities are available on-site, with sewer connection anticipated by late 2026 or early 2027. The asking price for this expansive parcel is $11,500,000. Given its size, location, and zoning, this property is ideally suited for large-scale development projects, offering significant potential for substantial returns. The property's versatility allows for a multitude of development options, from warehousing and industrial facilities to multifamily residential complexes or commercial ventures. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with excellent infrastructure and access to major transportation networks. The property's potential is limited only by the imagination of the developer. Contact us today to learn more about this exceptional investment opportunity.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 661 State Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message