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Property profile & analytics
OFF-MARKET
Distribution centers

24455 Honda Pkwy Marysville, OH 43040

Entity Owned 5-yr Hold
Property ID
US66-4003327
Property summary
AI-generated overview

This exceptional 49.43-acre property, located at 24455 Honda Parkway in Marysville, Ohio (zip code 43040), presents a significant investment opportunity. The expansive 2,153,170.8 square foot lot is zoned M-1 Light Industrial District, offering considerable flexibility for development. Its strategic location directly across from the Honda Marysville Auto Plant and adjacent to the Honda Heritage Museum provides unparalleled visibility and access to a major automotive manufacturing hub. Currently, existing leases are in place for a cell tower and billboards situated on the land, generating immediate income potential. The property is offered at an asking price of $1,458,185. While the property itself lacks sewer and well connections, its prime location and substantial size make it an attractive prospect for various industrial uses. The property's classification includes both Land and Industrial designations, with a specific subtype of Warehouse. This presents a unique chance to acquire a large parcel in a high-demand area with existing revenue streams. Further details regarding the existing leases are available upon request. This is a rare opportunity to own a significant piece of industrial real estate in a thriving Ohio community.

Property profile
Verified
Property type Distribution centers
UPID US66-4003327
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Longview Cove Group LLC · 5 yrs held
Longview Cove Group LLC
since 2021
3 recorded transactions
2021
$700,000
2020
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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