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44516 Fairground Rd - Caldwell Ohio 3.24 Prime Commercial Land I-77
3.24 Acres of Commercial Land Offered at £468,688 in Caldwell, OH 43724
Investment Highlights
- Property has about 490' of frontage on a paved county road (Noble CR 56)
- 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 good
- Property is high and dry, well above flood level, with very good drainage.
- The frontage would allow for more that one business to operate on the same property, and separate entrances off the road are also possible.
- Property has access to all utilities include Gas, Water, and Sewer.
- 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.
Executive Summary
~ Completely above flood plain and a quarter mile off the freeway
~ Currently no zoning - open to a variety of uses!
~Property has 490' of frontage on county road, only 1/2 mile to I77 Exchange Exit 25.
~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.
~Open to all reasonable offers!
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).
Property Facts
1 Lot Available
Lot
| Price | £468,688 | Lot Size | 3.24 AC |
| Price Per AC | £144,657 |
| Price | £468,688 |
| Price Per AC | £144,657 |
| Lot Size | 3.24 AC |
The 3+ acre lot has over 490' county road frontage. The lot could be split into two lots with plenty of places to add a new driveway entrance. The lot has some hills, and also flat areas. High and dry, very well drained.
Description
Located in the southern hills of Ohio this property like many has some slopes. The 2 lots combined form 3.24 acres, about 1.1 acres is reasonably flat and over 25' above 100 year flood plain. We believe that the the higher levels of the lots could be excavated to at least enough to add one more acre of reasonably flat surfaces for building or parking areas. This property does border a year round creek on it's northeast border, that area is mostly wooded/sloped area at this time.
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John and Pam Grabianowski - John Grabianowski
Presented by
John Grabianowski
44516 Fairground Rd - Caldwell Ohio 3.24 Prime Commercial Land I-77
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