11400 Allen RdJeffersonville, OH 43128
- Land
- 2.16 AC
Property Details for 11400 Allen Rd
- Lot size
- 2.16 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 090-015-0-01-001-05
- APU
- 9001500100105
Description
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
- Residential
- $17,718,494
- Hospitality
- $16,230,046
- Educational
- $13,503,208
- Medical
- $13,967,604
- Retail
- $21,004,990
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
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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