7976 Wesselman RdGroesbeck, OH 45002

Property Details for 7976 Wesselman Rd

Lot size

14.50 AC

Property type

Land

Property subtype

Industrial properties

Description

This exceptional 14.5-acre industrial land parcel in Cleves, Ohio, presents a compelling investment opportunity. Located at 7976 Wesselman Rd, Hamilton County, the property boasts a prime location with excellent visibility from I-275. Eight acres are improved with a fenced gravel lot and a new gated entrance, enhancing security. Currently, the site generates substantial income with 47 trailer spaces under lease, producing approximately $7,500 per month in net operating income. Monthly expenses, excluding mortgage and real estate taxes, are approximately $1,250. The property offers additional potential for trailer storage expansion. Its convenient location provides easy access to major transportation arteries, being 1.7 miles from Hamilton Cleves Pike (Exit 7) on I-275 and 2.2 miles from Rybolt (Exit 11) on I-74. The property is zoned B3, permitting light industrial uses, as detailed on the Colerain Township website. The asking price for this income-generating property is $2,500,000. This is a rare opportunity to acquire a well-situated, income-producing industrial land asset with significant upside potential in a thriving location. The existing infrastructure and high visibility make this an ideal investment for both immediate returns and future development.

Location Insight

City

Groesbeck

County

Hamilton

State

Ohio

Latitude

39.2165

Longitude

-84.686

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