This exceptional 2.16-acre commercial land parcel, situated at 11400 Allen Road in Jeffersonville, Ohio, presents a remarkable investment opportunity. Ideally located in Fayette County, this property boasts unparalleled visibility and accessibility due to its proximity to US-35 and I-71, experiencing an average daily traffic count of 69,000 vehicles. The site is zoned for commercial use, with proposed uses including retail or industrial development. Its strategic placement adjacent to Destination Outlets and other national brands ensures high consumer traffic. The property is largely level and clear, offering developers a blank canvas for customized construction. Ample space allows for the development of a quick-service restaurant, stand-alone retail establishment, or similar venture, with abundant parking provisions. This location benefits significantly from the impending arrival of a new Honda plant, bringing 2,200 jobs and an anticipated influx of 1,000+ ancillary jobs. The owner is open to various transaction structures, including outright sale, ground lease, or build-to-suit arrangements. This presents a unique chance to capitalize on the substantial growth projected for this thriving community, offering a strong return on investment for discerning buyers. The property's prime location, combined with the significant employment growth in the area, makes this a truly exceptional commercial development opportunity. The zip code is 43128.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$33,328,500
Retail / Commercial
$16,807,700
Mixed-Use / Specialty
$16,524,800
Hospitality / Lodging
$11,833,400
Office
$16,194,300
Institutional / Educational
$17,099,400
Residential Income
$20,006,300
Multifamily
$25,230,800
Automotive / Energy
$14,656,600
Parking / Income-Based Land
$5,278,150
Restaurant / Food Service
$8,118,720
Healthcare / Senior Housing
$17,174,500
Location Insight
City
Jeffersonville
County
Fayette
State
Ohio
Latitude
39.6163
Longitude
-83.6062
CBSA code
47920
CBSA name
WASHINGTON COURT HOUSE, OH MICROPOLITAN STATISTICAL AREA
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Allen Rd Jeffersonville, OH 43128
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Allen Rd Jeffersonville, OH 43128
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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.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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