340 Commerce Drive 60,000 SF Industrial Building South Point, OH 45680 £3,400,650 (£56.68/SF)
Virtual Tour
INVESTMENT HIGHLIGHTS
- Newly built 60,000-square-foot asset with a 34-foot clear height, one drive-in bay, 8-inch warehouse floors, and four loading docks with levelers.
- Distribution-friendly location along the Ohio River at the borders of Ohio, West Virginia, and Kentucky, with Interstate 64 minutes away.
- Take advantage of cost-saving benefits due to no income tax, no inventory tax, no personal property, and no corporate franchise tax.
- Part of a new industrial park featuring truck scales, rail scales, an intermodal transport area, and on-site public port access via the River Dock.
- Expand logistical reach, 20 minutes from Huntington Tri-State Airport, 1 hour from Charleston, 2 from Lexington & Columbus, and 2.5 from Cincinnati.
- Available for sale or lease. Inquire now.
EXECUTIVE SUMMARY
Secure an extraordinarily connected location along the Ohio River at a tri-state border with this exclusive sale opportunity presented by the Lawrence Economic Development Corporation.
340 Commerce Drive is a 60,000-square-foot industrial warehouse built in 2023 and is operation-ready with room to expand its footprint. It features an expansive 34-foot clear height, one drive-in bay, an 8-inch warehouse floor, and four loading docks with levelers. 340 Commerce Drive is part of a newer industrial park that houses over 20 businesses, including FedEx and UPS, with direct access to US 52, a four-lane highway. The park offers several advantages, including truck scales, rail scales, a Foreign Trade Zone, an intermodal transport area, and on-site public port access via the River Dock.
Access to 340 Commerce Drive is streamlined via nearby Highway 52, leading to Interstate 64 within 10 minutes. It can tap into the labor pools and serve the nearby communities of Huntington, Marathon, Catlettsburg, Ironton, and Calgon, all within a 15-minute drive. There are over 140,000 residents within a 10-mile radius, and 27% of the employees in that area work in good-producing industries or trade transportation. Widening out, Huntington/Ashland/Ironton MSA has 364,000 residents.
340 Commerce Drive is a 60,000-square-foot industrial warehouse built in 2023 and is operation-ready with room to expand its footprint. It features an expansive 34-foot clear height, one drive-in bay, an 8-inch warehouse floor, and four loading docks with levelers. 340 Commerce Drive is part of a newer industrial park that houses over 20 businesses, including FedEx and UPS, with direct access to US 52, a four-lane highway. The park offers several advantages, including truck scales, rail scales, a Foreign Trade Zone, an intermodal transport area, and on-site public port access via the River Dock.
Access to 340 Commerce Drive is streamlined via nearby Highway 52, leading to Interstate 64 within 10 minutes. It can tap into the labor pools and serve the nearby communities of Huntington, Marathon, Catlettsburg, Ironton, and Calgon, all within a 15-minute drive. There are over 140,000 residents within a 10-mile radius, and 27% of the employees in that area work in good-producing industries or trade transportation. Widening out, Huntington/Ashland/Ironton MSA has 364,000 residents.
PROPERTY FACTS
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 60,000 SF | Industrial | - | Now |
1st Floor
| Size |
| 60,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Columbus
892,533
131
2 h 49 m
Indianapolis
867,125
266
5 h 14 m
Charlotte
872,498
324
6 h 9 m
Chicago
2,705,994
448
8 h 45 m
Philadelphia
1,584,138
518
9 h 45 m
New York
8,398,748
604
11 h 26 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
143,680
Total Labor Force
60,853
Unemployment Rate
4.71%
Median Household Income
$48,843
Warehouse Employees
7,937
High School Education Or Higher
88.80%
$ values in USD
NEARBY AMENITIES
HOTELS |
|
|---|---|
| Comfort Suites |
61 rooms
10 min drive
|
| Delta Hotel |
152 rooms
12 min drive
|
| TownePlace Suites |
109 rooms
17 min drive
|
| Holiday Inn Express |
79 rooms
17 min drive
|
| Delta Hotel |
134 rooms
17 min drive
|
| DoubleTree by Hilton |
202 rooms
18 min drive
|
| TownePlace Suites |
86 rooms
21 min drive
|
| Holiday Inn Express |
87 rooms
25 min drive
|
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £758,262 | |
| Land Assessment | £265,304 | Total Assessment | £1,023,565 |
ZONING
| Zoning Code | Industrial/Commercial |
SALE ADVISORS
SALE ADVISORS
Jeremy Clay, Associate Executive Director
(740) 377-4550 x225
Contact
Jeremy Clay, an Associate Executive Director at Lawrence Economic Development Corporation, also serves as the Business Owner of Clay Investments. Additionally, he holds a position as an Adjunct Faculty member at Ohio University.
