13220 Us Highway 42 Plain City, OH 43064
- Commercial real estate
- 8.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 13220 Us Highway 42
- Lot size
- 8.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8-acre commercial land parcel is strategically located at 13220 US Highway 42 N in Plain City, Ohio, 43064. Boasting unparalleled visibility at a prominent corner between State Route 33 and Delaware, this property presents a unique investment opportunity. Its prime location along a main thoroughfare connecting Jerome Township and Honda facilities ensures high traffic volume and exposure. The property's year of construction is 1962, and it offers significant potential for various commercial developments. Note that an electrical easement traverses the property. While the adjacent 160 acres were recently acquired by Shelly Materials Company for mining operations, their projected commencement is within the next 7-10 years, providing a considerable window for development. This presents a rare chance to secure a substantial land holding in a rapidly growing area before significant changes to the surrounding landscape occur. The asking price for this remarkable property is $1,200,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plain City
- County
- Union
- State
- Ohio
- Longitude
- -83.250865
- Latitude
- 40.1420221