This exceptional 8.721-acre development site in Norwalk, Ohio, presents a remarkable redevelopment opportunity. Located on US Highway 250 North, this unzoned property boasts a prime location with high visibility and significant traffic volume, benefitting from an AADT of 13,845 (2018 data). Its strategic proximity to Interstate 80/90 (less than 4 miles) and Cedar Point (15 miles) enhances its appeal and accessibility. The property is comprised of three parcels (APN: 27012A020130000, 27012A020140000, 27012A020150000) and offers considerable flexibility for various development scenarios. Existing improvements include a 12,000 square foot warehouse, two storage garages totaling 9,666 square feet, a 786 square foot office space, and a 2,730 square foot house suitable for additional office space. A 5,546 square foot service bay garage further adds to the existing building footprint, resulting in a total warehouse and service bay area of 27,426 square feet. The property is zoned for potential retail, residential, industrial, or hotel development, and is also subdividable, providing numerous options for investors and developers. The asking price is $1,800,000, translating to $206,398 per acre. The Berlin Milan LSD serves as the local school district.
Highlights
$1,800,000 asking price for 8.721 acres of land, priced at $206,398 per acre.
8.721-acre development site in Norwalk, Ohio.
High traffic count (AADT 13,845 in 2018).
Located in the Berlin Milan LSD school district.
Less than 4 miles from I-80/90 and 15 miles from Cedar Point.
Subdividable lot with potential for retail, residential, industrial, or hotel development.
Land - Prime Ohio development site, high traffic, I-80/90 proximity.
Where is the land located?
The property is located at 4838 Us Highway 250 Norwalk, OH.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: $1,800,000 asking price for 8.721 acres of land, priced at $206,398 per acre.; 8.721-acre development site in Norwalk, Ohio.; High traffic count (AADT 13,845 in 2018).
How can I contact the broker?
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Us Highway 250 Norwalk, OH 44857
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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4838 Us Highway 250
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