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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
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 | Property Subtype | Industrial |
Sale Conditions | Development Sale | Proposed Use | |
No. Lots | 1 | Total Lot Size | 32.00 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Sale Type | Investment or Owner User |
Sale Conditions | Development Sale |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Industrial |
Proposed Use | |
Total Lot Size | 32.00 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot 3
Lot Size | 32.00 AC |
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
Parcel Numbers | Total Assessment | £11,260 (2023) | |
Land Assessment | £11,260 (2023) | Annual Taxes | £394 |
Improvements Assessment | £0 (2023) | Tax Year | 2021 |
PROPERTY TAXES
zoning
Zoning Code | light manufacturing |
light manufacturing |
Presented by
339 Wilson St - NFA Real Estate/Mill Creek
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