3643 3Rd StIronton, OH 45638

Property Details for 3643 3Rd St

Year built

2009

Construction

FRAME

Lot size

2.48 AC

Property size (Sq ft)

768 SF

Property type

Retail space

APN

36-044-0200.000

APU

360440200000

Description

This exceptional 2.8-acre parcel of land, located at 3643 S 3rd Street in Ironton, Ohio, presents a significant investment opportunity for industrial development. The property's expansive size offers considerable flexibility for a variety of uses, making it ideal for businesses seeking to establish or expand their operations in this strategic location. The substantial acreage allows for ample space for building construction, storage, or other industrial needs, while also providing room for potential future expansion. The property's address, 3643 S 3rd Street, places it within easy reach of key transportation routes, facilitating efficient logistics and distribution. This prime location offers excellent accessibility for both employees and clients, contributing to operational efficiency and overall business success. The asking price of $1,200,000 reflects the significant potential and value this property offers. Given the size and location, this is a rare opportunity to acquire a substantial industrial land parcel in a growing area. Serious inquiries are encouraged to explore the possibilities this property presents for long-term growth and profitability. The absence of existing structures allows for complete customization to meet specific business requirements, offering a blank canvas for development. This presents a unique advantage, allowing for the creation of a facility perfectly tailored to the needs of the future owner. The property's potential is further enhanced by its location within Ironton, Ohio, a community with a strong industrial heritage and a supportive business environment.

• CAP approach

  CAP return

  Valuation

  6%

  $190,290

  6.5%

  $175,652

  7%

  $163,106

• Comparable approach

  Method

  Valuation

  Relative Method

  $181,034

  Geo Method

  $181,034

• Alternative Use

  Use

  Valuation

  Residential

  $148,169

  Hospitality

  $135,722

  Educational

  $112,919

  Medical

  $116,803

  Retail

  $175,652

Location Insight

City

Ironton

County

Lawrence

State

Ohio

Latitude

38.5023

Longitude

-82.6565

CBSA code

26580

CBSA name

HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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