1900 Thornwood Dr Heath, OH 43056
- Land
Current Use by Public Records
- Land
Property Details for 1900 Thornwood Dr
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 110-acre parcel of vacant industrial land presents a significant investment opportunity in Heath, Ohio. Located at 1900 Thornwood Dr. SW, 43056, this property is ideally situated within Phase II of the Mid-Ohio Industrial Park, offering immediate access to essential infrastructure and logistical advantages. The land is zoned M-2 Industrial, providing flexibility for a wide range of industrial uses. The asking price is $11,000,000, translating to $120,000 per acre, reflecting the strategic location and development potential. Key benefits include tax abatement opportunities through a Community Reinvestment Area (CRA) and Enterprise Zone designation, further enhancing the return on investment. The property also benefits from an Opportunity Zone designation. Conveniently located just 3.6 miles from Interstate 70 via Ohio Route 79, this site offers unparalleled connectivity to major transportation arteries. All utilities are available on-site, including a redundant electric supply, and rail service is also accessible. This is a rare opportunity to acquire a large, well-located industrial land parcel with significant development potential in a thriving industrial area.
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
- Heath
- County
- Licking
- State
- Ohio
- Longitude
- -82.4822
- Latitude
- 39.9998