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Hospital Rd - Prairie Run South 15.9 Acres of Commercial Land Offered at $1,886,586 CAD in Chillicothe, OH 45601

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INVESTMENT HIGHLIGHTS

  • Pylon sign is at Hospital Road.
  • Lot has great visibility from Route 23.
  • Shovel Ready!
  • Currently there is no zoning for the land.
  • Possible uses include medical, office, light manufacturing, retail, and residential.

EXECUTIVE SUMMARY

Property Highlights
• Shovel ready site!
• Possible uses for the development site include medical, office, light manufacturing, various types of residential and retail
• Phase 1 wetland and cultural studies completed
• Tax abatement possible
• Easy access to Route 207 and N. Bridge Street
• Visibility from US 23, the major route between Columbus and Southern Ohio
• Pylon sign potential at Hospital Road
• Just north of Adena Regional Medical Center, new COHEN orthopedic facility and 1 mile from Kenworth Truck plant
• Located in Green Township CRA, Federal Trade Zone #138 and Enterprise Zone #080 with 15-year tax abatement
Area Highlights
– Nearly 30,000 employees work in the immediate area including over 2,800 at Kenworth and over 2,400 at Adena Medical Center
– The site falls within Federal Trade Zone 138, Ross County Enterprise Zone 080 with 15 year tax abatement possible and the new Green Township Community Reinvestment Area (CRA)
– The property is inside the Ross County Enterprise Zone 080, a tax abatement is possible for up to 15 years through this program
– Potential developments can take advantage of the area’s job training program
– Phase 1, Wetlands and Antiquities surveys have been satisfactorily completed

PROPERTY FACTS

Price $1,886,586 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Medical
  • Single Family Development
Total Lot Size 15.90 AC
Cross Streets Delano
Zoning N/A

1 LOT AVAILABLE

Lot

Price $1,886,586 CAD
Price Per AC $118,653.20 CAD
Lot Size 15.90 AC

Mixed Use Land Back on the Market! PRAIRIE RUN SOUTH, JUST NORTH OF CHILLICOTHE, OHIO. Possible uses for the development site include residential and retail, medical, office and light manufacturing.

DESCRIPTION

15.9 acres of raw land located at Praire Run South and Delano Road. The site is 1 mile from Kenworth Truck plant and 3 miles from US 35. There is great visibility from Route 23, which is the major route between Columbus and the Ohio River.

  • Listing ID: 15418616

  • Date on Market: 2019-03-12

  • Last Updated:

  • Address: Hospital Rd, Chillicothe, OH 45601

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