235 Advanced Dr Springboro, OH 45066
- Retail properties
- 4,860 SF
- 1.36 lot acres
Current Use by Public Records
- Honest Abe Roofing Dayton / Roofing Contractor
Property Details for 235 Advanced Dr
- Year built
- 2001
- Lot size
- 1.36 lot acres
- Property size
- 4,860 SF
- Property type
- Retail properties
- APN
- 04-19-300-014-0
- APU
- 4193000140
Description
This exceptional 8.28-acre industrial land parcel presents a unique investment opportunity within the Stolz Industrial Park. Strategically located less than half a mile from Interstate 75, this property offers unparalleled access to major transportation arteries, ensuring efficient logistics and distribution. The land is zoned for industrial use, providing flexibility for a variety of development projects. A significant advantage is the availability of a 100% tax abatement for up to 15 years, substantially reducing operational costs and enhancing profitability. The property is currently offered for sale or lease, catering to diverse investment strategies. Furthermore, the site is designated as a Planned Unit Development (PUD) district, allowing for potential subdivision to accommodate multiple users or tailored development plans. This prime location, coupled with the substantial tax benefits and development flexibility, makes this industrial land a highly attractive proposition for businesses seeking to establish or expand their operations in a thriving commercial area. Serious inquiries are encouraged to explore the possibilities and secure this exceptional opportunity. Detailed zoning information and development guidelines are readily available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $505,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $390,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $360,000
- Mixed-Use
- $425,000
- Hospitality
- $385,000
- Educational
- $425,000
- Residential Income
- $325,000
- Energy
- $345,000
- Income-Based Land
- $390,000
- Food Service
- $380,000
Location Insight
- Map
- Local Demand
- City
- Springboro
- County
- Warren
- State
- Ohio
- Longitude
- -84.2632
- Latitude
- 39.5531
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
