1113 Airport RdWilmington, OH 45177

Property Details for 1113 Airport Rd

Lot size

1.00 AC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

290-20-03-14-0000-00

APU

290200314000000

Description

This exceptional commercial property, located at 1113 Airport Road in Wilmington, Ohio, presents a unique investment opportunity. The expansive campus encompasses a total of 2,630,000 square feet across three suites, situated on a substantial 2,000-acre lot in Clinton County. The property is currently fully vacant, offering immediate occupancy for a wide range of commercial ventures. The flexible layout allows for multiple tenancy options, with a minimum divisible space of 200,000 square feet and a maximum contiguous space of 2,000,000 square feet, catering to businesses of various scales. The property's classification as Office, Industrial, and Land provides versatility for diverse operational needs. Its strategic location in Wilmington, Ohio, offers convenient access to key transportation routes and infrastructure, making it an ideal location for businesses seeking efficient logistics and a strong presence in the region. The property's size and adaptability make it suitable for a variety of uses, from large-scale warehousing and distribution to executive office spaces. This is a rare opportunity to acquire a significant commercial property with substantial acreage and significant development potential in a thriving Ohio market. The property is available for lease. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $10,120,687

  6.5%

  $9,342,172

  7%

  $8,674,874

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,161,395

  Geo Method

  $2,161,395

• Alternative Use

  Use

  Valuation

  Residential

  $7,880,472

  Hospitality

  $7,218,470

  Educational

  $6,005,682

  Medical

  $6,212,227

  Retail

  $9,342,172

Location Insight

City

Wilmington

County

Clinton

State

Ohio

Latitude

39.4419

Longitude

-83.7816

CBSA code

48940

CBSA name

WILMINGTON, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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