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2460 Herold Rd 24 - 41 Acre Commercial Land Lots Offered at $3,895,000 in Batavia, OH 45103

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Investment Highlights

  • Frontage on both sides of Herold Rd. and SR 32
  • Village would partner with tax abatements or incentives for development.
  • Site is surrounded by development and would be an excellent site for future medical, retail or other commercial development
  • Very flexible commercial zoning; Village would also support assisted living.
  • Hal Homes is developing Streamside, a 145 ac. site to the north of the property which will consisting of 300 single family homes and 300 apartments.

Property Facts

Price $3,895,000
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hotel
  • Motel
  • Office Park
Total Lot Size 65.00 AC
Zoning B-2

2 Lots Available

Lot

Lot Size 24.00 AC

24-acre site under development to be future 133 residential units

Lot

Price $3,895,000
Price Per AC $95,000.00
Lot Size 41.00 AC

Approx. 41 acres available for commercial development in the Village of Batavia, OH.

Description

This expansive 65-acre property offers exceptional potential for commercial development. With frontage on both sides of Herold Rd. and SR-32, the site has excellent visibility and accessibility. The property’s flexible commercial zoning allows for a wide range of development, commercial, and residential developments, including assisted living facilities, which is supported by the community. To encourage investment and business growth, the village is committed to partnering with developers through tax abatements and other incentives. The village is dedicated to fostering economic development and creating a thriving community. The property’s strategic location, surrounded by existing development, makes it an ideal site for future medical, retail, or other commercial ventures. With the nearby development that will include 300 single-family homes and 300 apartments, the property will benefit from a growing residential population and increased demand for services and amenities.

Property Taxes

Property Taxes

Parcel Number
06-02-29A-186
Land Assessment
$65,520
Improvements Assessment
$0
Total Assessment
$65,520
  • Listing ID: 24388563

  • Date on Market: 10/29/2021

  • Last Updated:

  • Address: 2460 Herold Rd, Batavia, OH 45103

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