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Property profile

0 Ohio 125 Hamersville, OH 45106

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Bethel, Ohio. Located at the highly visible corner of OH-125 and Crane Schoolhouse Road, this property boasts a strategic location with excellent visibility and accessibility. The site is zoned for commercial use and benefits from existing utilities, including sewer, on-site. A 2021 traffic count revealed between 15,000 and 24,000 vehicles passing daily, indicating significant potential for high consumer traffic. The property is ideally suited for a mixed-use development, potentially incorporating medical and retail components. Its proximity to recreational amenities further enhances its appeal. Within 1.5 miles lies East Fork Lake State Park, offering access to outdoor activities. Furthermore, the property is conveniently located within 75 miles of extensive horse trails, boating opportunities, and beaches. An adjacent 20-acre parcel on the west side of Crane Schoolhouse Road is also available for purchase, allowing for expansion to accommodate larger mixed-use and residential projects. The asking price for this prime commercial land is $1,000,000. This represents a compelling investment opportunity in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

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

Location

Ohio 125 Hamersville, OH 45106
Hamersville metro
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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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