Rt 32 St Mount Orab, OH 45154
This exceptional 5.7-acre commercial land parcel presents a unique investment opportunity in Mount Orab, Ohio. Located on the south and west side of the newly completed diamond interchange at State Route 32 and Bruce Lonsford Road, this property benefits from its strategic position within the city limits. The land is commercially zoned, offering a wide array of potential uses. Its proximity to the recently completed Homan Road extension (2024) enhances accessibility. While access may be facilitated through the adjacent landowner, sewer and water utilities are conveniently located nearby. Buyers are responsible for verifying connection details. This parcel is part of a larger area that has seen significant commercial and residential growth in the past five years, fueled by excellent schools and a strong workforce. The adjacent 155-acre parcel is also available for purchase separately. The property's location within Mount Orab, a city experiencing positive economic growth and commercial investment, makes this a compelling opportunity for developers and investors alike. The APN is 440716720300. The asking price for this 5.7+/- acre tract is $256,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.