Partager cette annonce

Message

915 caractères restants

Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.

Votre courriel a été envoyé.

Toujours intéressé ?

Contactez le courtier pour plus d'informations sur cette propriété

Certaines informations ont été traduites automatiquement.

Faits saillants de l'investissement

  • Fully entitled & permitted — shovel-ready, immediate construction start
  • Adjacent to $200M Renaissance Pointe master-planned development & Premier Health Atrium Medical Center
  • Included in sale: Approved site plan · full construction document (CD) set · building & clubhouse plans · $157,000 in paid Park Impact Fees
  • 314 units · Class A multifamily
  • Incentives: Construction sales tax abatement available (~$1.485M est. savings, via Warren County Port / Renaissance NCA)

Faits sur la propriété

Prix 6 698 845 $ CAD
Type de vente Investissement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée Multi-résidentiel
Taille totale du lot 14,64 AC
Zonage PD - PD approuvé

1 Lot disponible

Lot

Prix 6 698 845 $ CAD
Prix par AC 457 571,37 $ CAD
Taille du lot 14,64 AC

Property Name Atticus Shovel-Ready 314-Unit Class A Multifamily Site — Fully Permitted, Across from $200M Renaissance Pointe

Description

The development site contains 14 acres at the northwest corner of Market Avenue and Union Road, directly across Union Road from theAtrium Medical Center and its 260-acre campus, a regional Level III Trauma Center and the largest employer in Middletown. The site is also adjacent to the Renaissance Pointe development, a 50-acre,$200M master-planned project currently under construction that will contain a 165,000-sf event center, retail, hotel and restaurant uses. Investment highlights Fully entitled & permitted — build immediately. All city approvals are secured and the construction document set is complete. A buyer can mobilize and commence vertical construction without absorbing the 12–18 months of entitlement risk, carry cost, and approval uncertainty that a raw or partially-zoned site would require. This is a genuinely shovel-ready position in a supply-starved submarket. Complete, approved plan conveys with the land. The approved site plan, building plans, and full CD set for a 314-unit, 269,599-SF Class A community transfer with the site — representing substantial architecture, engineering, and civil work already completed and paid for, and eliminating re-design and re-permitting timelines for any buyer who builds to the approved plan. Directly across from the region's largest employer. The site fronts Premier Health Atrium Medical Center — a 260-acre, Level III trauma campus employing 1,500+ physicians, nurses, and staff — with Cincinnati Eye Institute on-campus and Kettering Health (1,000+ employees) three miles away. Healthcare anchors a durable, non-cyclical renter base at the front door. Adjacent to the $200M Renaissance Pointe development. The site immediately neighbors a 50-acre master-planned mixed-use district anchored by a multipurpose event center/arena — targeted as home to a United States Hockey League (USHL) franchise and projected to draw ~425,000 annual visitors — plus hotels, Class A retail, and restaurants. The City of Middletown and Warren County have each approved $12.5M in credit enhancement ($25M combined) to support the arena, which is targeting a 2027 opening. Acute, documented undersupply. City-commissioned planning studies document a ~2,600-unit housing deficit in Middletown. Only one comparable Class A community has delivered in roughly 15 years — creating pent-up demand and strong projected lease velocity for the next deliverable product in the medical and entertainment district. Rents already proven one mile away. The neighboring Echo Ridge community (319 units, 1 mile) achieves ~$1,200–$2,000+ across its 1–3 bedroom mix and is stabilizing ahead of this site. The approved Atticus program underwrites to an $1,585 average rent ($1.85/SF) — validated by the immediately adjacent, institutional-quality comparable. Prime I-75 corridor access. ±109,683 vehicles per day on I-75 at the interchange; ~25 minutes to Cincinnati, ~20 minutes to Dayton; ~1.9 million workers within a 30-minute drive. A new Chick-fil-A and Starbucks anchor the I-75 / SR-122 interchange, and the regional mall across I-75 is undergoing redevelopment. Fees paid and sales tax abatement available. $157,000 in Park Impact Fees have already been paid to the City and are included in the asking price — a cost the buyer would otherwise incur. In addition, the Warren County Port Authority has expressed interest in a construction sales tax abatement (via the Renaissance New Community Authority) estimated to save a buyer ~$1.485 million on construction materials, in exchange for an added ~5 mills on the post-completion property tax bill.

Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Relativement accessible en vélo
30/100
  • ID d’inscription: 41127726

  • Date de mise sur le marché: 2026-07-01

  • Dernière mise à jour:

  • Adresse: 6141 Market Ave, Middletown, OH 45005

Lien copié
Votre compte LoopNet a été créé !

Veuillez partager vos commentaires

Nous vous invitons à nous faire part de vos commentaires sur la façon dont nous pouvons améliorer LoopNet afin de mieux répondre à vos besoins.
X
{{ getErrorText(feedbackForm.starRating, "Ce notation") }}
255 Limite de caractères ({{ remainingChars() }} caractèrecaractères restantsur)
{{ getErrorText(feedbackForm.msg, "Ce notation") }}
{{ getErrorText(feedbackForm.fname, "Ce prénom") }}
{{ getErrorText(feedbackForm.lname, "Ce nom") }}
{{ getErrorText(feedbackForm.phone, "Ce numéro de téléphone") }}
{{ getErrorText(feedbackForm.phonex, "Cette extension de téléphone") }}
{{ getErrorText(feedbackForm.email, "Cet email") }}