23 Brg St Chillicothe, OH 45601
This exceptional 30-acre commercial land parcel, known as "The Point," presents a significant investment opportunity in Chillicothe, Ohio. Strategically located at the intersection of Bridge Street/Rt 159 and US Rt 23, this property boasts unparalleled visibility with 1,660 feet of frontage on US 23 and 1,900 feet on Rt. 159. The site is one of the largest available on Bridge Street/Rt 159, serving as a major connector between southern Ohio and Columbus. Chillicothe acts as the commercial center for Ross County and seven surrounding counties, encompassing a population exceeding 300,000. This location offers easy access to a robust workforce, with proximity to major employers including Adena Regional Medical Center (2,800 employees), PACCOR/Kenworth Trucks (2,600 employees) and their subcontractors, and the Cohen Medical development (200 employees). The property is situated in both an Enterprise Zone and a Community Reinvestment Area, offering potential economic incentives. Located in Ross County/Springfield Township, the land is unzoned, providing flexibility for a wide range of commercial developments. The asking price is $4,500,000. APN numbers are 340607041000, 340607348000, 340607339000, and 340607044000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.