46 Commerce PkwyWest Jefferson, OH 43162

  • Other commercial real estate
  • 45.61 AC
For Lease

Property Details for 46 Commerce Pkwy

Lot size
45.61 AC
Property type
Other commercial real estate
APN
12-00001.000
APU
1200001000

Description

This exceptional 47.666-acre Class A industrial site in West Jefferson, Ohio, presents a unique build-to-suit opportunity. Located at 46 Commerce Pkwy, 43162, this pad-ready lot boasts a prime location with easy access to I-70 via Route 29, minimizing travel time to I-270 and Columbus (under 10 miles). The site benefits from a completed retention pond and driveway access from the north. It's zoned PCD and features all utilities readily available. Preliminary site plans are complete, streamlining the development process. A significant advantage is the existing 15-year, 100% real property tax abatement*. The strategic location offers unparalleled access to major transportation arteries, enabling one-day trucking delivery to over half of the US and Canadian populations. Recent improvements to the I-70 and Route 29 interchange further enhance connectivity. This site is situated amongst prominent businesses including Mars Petcare, Restoration Hardware, Target, Kellogg's, Ace Hardware, Medline, Amazon (two facilities), Honeywell, Jo-Ann Fabrics, Torrid, and a FedEx cross-dock facility, providing a strong and established industrial environment. A traffic light at Route 29 ensures convenient access. This is an ideal location for distribution, manufacturing, warehousing, refrigerated/cold storage, flex, or R&D facilities. *Tax abatement details should be verified independently.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $340,851,424
    Hospitality
    $312,218,080
    Educational
    $259,761,776
    Medical
    $268,695,392
    Retail
    $404,073,856
46 Commerce Pkwy, West Jefferson, Ohio

Location Insight

City
West Jefferson
County
Madison
State
Ohio
Latitude
39.9419
Longitude
-83.3539
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,033
$419,040
-
$419,040
-
$1,197,260
-
$1,197,260

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