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339 Wilson St - NFA Real Estate/Mill Creek

32 Acres of Industrial Land in Cincinnati, OH 45215

Investment Highlights

  • OPPORTUNITY ZONE, Light manufacturing zoning.
  • Possible widening of I-75 for northbound lane creating over 160,000 vehicles a day, per Ohio Department of Transportation (ODOT) plans Phase 4, 5, 6
  • 3,200 ft I-75 exposure.
  • Currnetly has one Lamar digital sign with new 20 year lease.

Executive Summary

OPPORTUNITY ZONE, Light manufacturing. Digital Lamar Sign, space available for two additional digital signs.
Land has "creative" appeal and possibilities.

Financial Summary (Actual - 2021)

Annual Annual Per AC
Gross Rental Income £11,835 £369.84
Other Income - -
Vacancy Loss - -
Effective Gross Income £11,835 £369.84
Taxes £394 £12.33
Operating Expenses - -
Total Expenses £394 £12.33
Net Operating Income - -

Financial Summary (Actual - 2021)

Gross Rental Income
Annual £11,835
Annual Per AC £369.84
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual £11,835
Annual Per AC £369.84
Taxes
Annual £394
Annual Per AC £12.33
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £394
Annual Per AC £12.33
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Sale Type Investment or Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Baseball Field
  • Cement or Gravel Plant
  • Contractor Storage Yard
  • Garden Centre
  • General Freestanding
  • Golf Course or Driving Range
  • Hold For Development
  • Landfill
  • Recycling Centre
Total Lot Size 32.00 AC
Opportunity Zone Yes

1 Lot Available

Lot 3

Lot Size 32.00 AC

32 acres with majority inside a meander of West Fork of Mill Creek, Hamiton County, Lockland Ohio. Bridge constructed by State of Ohio over Mill Creek into bulk of lot. High visibility along southbound I-75. Opportunity Zone.

Description

Ohio Regulated Capped (2 ft) and Closed Landfill. Contiguous to I-75 southbound; possible new northbound I-75 lanes (Phase 4, 5, and 6 ODOT Study plans). Currently 95K+- vehicles per day. 3,200 feet of I-75 frontage. OPPORTUNITY ZONE. Lamar Sign!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 641-0009-0003
  • 641-0009-0011
  • 641-0009-0017
Land Assessment
£11,260 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£11,260 (2023)
Annual Taxes
£394
Tax Year
2021

zoning

Zoning Code light manufacturing
light manufacturing
  • Listing ID: 26302897

  • Date on Market: 01/08/2022

  • Last Updated:

  • Address: 339 Wilson St, Cincinnati, OH 45215

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