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3+ Acres Prime Commercial Real Estate Near I-77 exit 25 Caldwell Ohio - $759500 (Caldwell OH)

3+ Acres Prime Commercial Real Estate Near I-77 exit 25 Caldwell Ohio - $759500 (Caldwell OH)



  3 Acres Prime Commercial Real Estate Near I-77 exit 25 Caldwell Ohio - $759500 Caldwell OH
 

 
Ad id: 601182421925094
Views: 5
Date listed 1 month ago
Price
$759,500.00

Land For Sale - Multi-purpose potential - Hotel - Restaurant - Retail - Multi-family - Medical

Caldwell44516 Fairground Rd., Caldwell, OH 43724Value is based on recently sold land for hotels within less than 1 mile for property location. The recent development of shale oil/gas wells, pipe lines, and a production plant nearby has increased the need for housing for related industry workers. This property is ideal for a hotel as it has all utilities on the property, is high and dry, overlooking the Duck Creek Valley, and is within 1/2 mile of the freeway exit/exchange. Price: $759,500
Lot Size: 3.24 AC
Property Type: Land
Property Sub-type: Multifamily (land)
Additional Sub-types: Office (land)
Retail (land)
Commercial/ Other (land)
Zoning Description: No Zoning
Features: Electricity/Power - AEPIrrigation - Cisterns & electric pump, wellWater - Caldwell Water DeptTelephone - choiceCable - choiceGas/Propane - Knox Energy
Highlights Property has about 490' of frontage on a paved county road (Noble CR 56)The frontage would allow for more that one business to operate on the same property, and separate entrances off the road are also possible.Currently 4 of the buildings on the property have original slate roofs in good repair, and 3 of the 4 buildings have brick exteriors also in very goodProperty has access to all utilities include Gas, Water, and Sewer.Property is high and dry, well above flood level, with very good drainage.Currently the existing buildings are located on less than one acre of this 3.24 acre lot, leaving plenty of lot space for new building/buildings andDescription

3.24 Acres of Prime Commercial Investment Real Estate

~Property has about 490' of frontage on a paved county road (Noble CR 56) leading to Caldwell which is the Noble County Seat.

~Currently 4 of the buildings on the property have original slate roofs in good repair, and 3 of the 4 building have brick exteriors also in very good condition. The barn is two story with tongue and groove interior floors in the 2nd story, and on the exterior, also in sound condition.

~Currently this property includes a large two story brick home, a large two story dairy barn, and some other out-buildings.

~The 2700 square foot 4 bedroom 1 bath house is in good repair and could be rented for $2500 per month. House has nearby two car detached garage. (Rent could be increased by adding 1 main floor full bath)

~The 3900 square foot two-story barn, is very well construction, has a very good structure and foundation also. The barn could be updated/renovated into 4 two bedroom apartments and rented/leased for a total of $2,500 to $4,500 per month range depending on finished amenities.

44516 Fairgrounds Rd. Caldwell, Ohio 43724 (About 1/2 mile from the Interstate I-77 Exit 25 & Ohio State RT. 78, which is currently the busiest intersection in Noble County).

1 Lot Available, may be able to divide, 1.5 acre minimum.Lot 1Price: $759,500 Recently reduced.
Lot Size: 3.24 AC
Price/AC: $234414.58
Lot Type: Multifamily (land)
Description: One of very few lots near the I-77 interchange that is high and completely above the Duck Creek flood plain and also over 2 acres of buildable land. The lot is about 1/2 level the rest sloping.

Property Swap PotentialWe are motivated sellers, please contact us regarding your interest in this investment property. We will do our best to work out a fair price and acceptable terms with you.We are particularly interested in trade or exchange for single family home in Little Rock/Conway AR location. We will consider dividing the 3.24 acres into two parcels if this would better suit your trade offer. We prefer your trade property, plus cash offers.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and plenty of road frontage for access.completeness.

CJ6DL9M

 
 
 
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Last Updated on: February 17, 2018
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