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320 S Wayne Ave
Cincinnati, OH 45215
Cincinnati/Northern Hamilton County Submarket · Land For Sale
·
28.49 AC
INVESTMENT HIGHLIGHTS
- Fed Opportunity Zone; Contiguous to new I-75 Exit 12. Easy access to Galbreath, I-275, I-74, I-71, Ronald Reagan/Cross County Hwy, Norwood Lateral
EXECUTIVE SUMMARY
20+ acres of ready to develop land for sale, at $200,000 per acre, zoned for light manufacturing, with utilities to site, and built to suit options are available.
Fed Opportunity Zone (OZ)
Part of I-75 Highway Expansion, where the State of Ohio will acquire approximately 7+-Acres of the original 28.49 acres for new I-75 Exit 12.
Fed Opportunity Zone;Tax Increment Financing
2-5 acres available
New I-75 Exit 12 Commercial Opportunities
Fed Opportunity Zone (OZ)
Part of I-75 Highway Expansion, where the State of Ohio will acquire approximately 7+-Acres of the original 28.49 acres for new I-75 Exit 12.
Fed Opportunity Zone;Tax Increment Financing
2-5 acres available
New I-75 Exit 12 Commercial Opportunities
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $7,158,557 CAD | Lot Size | 28.49 AC |
| Price Per AC | $251,265.61 CAD |
| Price | $7,158,557 CAD |
| Price Per AC | $251,265.61 CAD |
| Lot Size | 28.49 AC |
New I-75 Exit 12, estimated to use +/- 7Acres Average Daily Traffic on I-75 is 98,860 Outstanding Interstate Visibility Convenient Entrance/Exit Access Numerous Business & Personal Amenities Nearby Covenant Not to Sue (CNS) Ohio Tax Increment (TIF)
DESCRIPTION
Brownfield site with State of Ohio Covenant Not to Sue (CNS) and No Further Action (NFA). OPPORTUNITY ZONE (OZ). Level, rough grade, utilities to site, 2 curb cuts, contiguous to City of Cincinnati Possible tax abatement Current exposure I-75 southbound 98,000-+vehicles daily, future I-75 northbound lane contiguous to current southbound lane resulting in 190,000-+ vehicles daily. 22,000 vehicle count on S Wayne Avenue
PROPERTY TAXES
| Parcel Number | 641-0007-0094 | Improvements Assessment | $0 CAD |
| Land Assessment | $586,698 CAD | Total Assessment | $586,698 CAD |
PROPERTY TAXES
Parcel Number
641-0007-0094
Land Assessment
$586,698 CAD
Improvements Assessment
$0 CAD
Total Assessment
$586,698 CAD
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