For Sale
$99,000

0 Tornado RdRacine, OH 45771

Prime 0.83-acre lot, high visibility, US Rt 33 access

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.83-acre commercial lot in Racine, Ohio, presents a remarkable investment opportunity. Situated near Southern High School, the property boasts excellent visibility with 159 feet of frontage along Tornado Road, ensuring high traffic exposure. Its convenient location provides easy access to US Route 33, a major thoroughfare, enhancing its accessibility and appeal. The site is ideally suited for a variety of commercial ventures, including retail storefronts, office spaces, restaurants, or coffee shops. The small-town setting offers a unique opportunity to establish a thriving business within a close-knit community. All essential utilities are readily available, including power, water, gas, and sewer connections, simplifying the development process. The property is located within city limits and is free from zoning restrictions, offering flexibility in development plans. Furthermore, the potential for Community Reinvestment Area tax incentives could significantly reduce development costs. High traffic counts further enhance the property's value, with 2,829 vehicles per day (VPD) recorded on Elm Street leading to Tornado Road and over 4,000 VPD at the intersection of Tornado Road and US Route 33. This prime location and the absence of zoning restrictions make this an exceptional opportunity for a savvy investor seeking high-visibility commercial land in a growing area. The asking price is $99,000.

Highlights

  • 0.83-acre parcel.
  • Potential CRA tax incentives available.
  • City limits location, unrestricted zoning.
  • 2,829 vehicles per day (VPD) on Elm Street to Tornado Road.
  • Over 4,000 VPD at Tornado Road and US Route 33 intersection.

Property Details for 0 Tornado Rd

Property type
Land
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Racine
County
Meigs
State
Ohio
Latitude
38.9706852
Longitude
-81.8577781
Tornado Rd, Racine, Ohio

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0 Tornado Rd
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