For Sale
$11,500,000

661 State RdLondon, OH 43140

8.5M SF Multi-Use Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8,579,142 square foot property, located at 661 State Rd 38 in London, Ohio, presents a unique investment opportunity. Situated at a signalized intersection on the southeast corner of State Route 38 and US-40, this 5th generation farm boasts a highly desirable C-2 zoning designation, allowing for a wide range of commercial and industrial uses. The property's strategic location offers unparalleled access to major transportation arteries, with Interstate 70 less than five miles in either direction, ensuring excellent connectivity and logistical advantages. All utilities are available on-site, with sewer connection anticipated by late 2026 or early 2027. The asking price for this expansive parcel is $11,500,000. Given its size, location, and zoning, this property is ideally suited for large-scale development projects, offering significant potential for substantial returns. The property's versatility allows for a multitude of development options, from warehousing and industrial facilities to multifamily residential complexes or commercial ventures. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with excellent infrastructure and access to major transportation networks. The property's potential is limited only by the imagination of the developer. Contact us today to learn more about this exceptional investment opportunity.

Highlights

  • 8,579,142 SF land parcel in London, OH, listed at $11,500,000.
  • Located at the signalized intersection of State Route 38 and US-40.
  • C-2 zoning allows for diverse commercial and industrial uses.
  • Excellent access to I-70 (within 5 miles).
  • All utilities available on-site; sewer connection expected by early 2027.

Property Details for 661 State Rd

Property type
Warehouses, Office properties

Location Insight

City
London
County
Madison
State
Ohio
Latitude
39.930822
Longitude
-83.44703
661 State Rd, London, Ohio

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661 State Rd
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