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339 Wilson St - NFA Real Estate/Mill Creek 32 Acres of Industrial Land in Cincinnati, OH 45215
Investment Highlights
- OPPORTUNITY ZONE, Light manufacturing zoning.
- Possible widening of I-75 for northbound lane creating over 160,000 vehicles a day, per Ohio Department of Transportation (ODOT) plans Phase 4, 5, 6
- 3,200 ft I-75 exposure.
- Currnetly has one Lamar digital sign with new 20 year lease.
Executive Summary
OPPORTUNITY ZONE, Light manufacturing. Digital Lamar Sign, space available for two additional digital signs.
Land has "creative" appeal and possibilities.
Land has "creative" appeal and possibilities.
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$24,000
|
$750.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$24,000
|
$750.00
|
| Taxes |
$1,100
|
$34.38
|
| Operating Expenses |
$700
|
$21.88
|
| Total Expenses |
$1,800
|
$56.25
|
| Net Operating Income |
$22,200
|
$693.75
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $24,000 |
| Annual Per AC | $750.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $24,000 |
| Annual Per AC | $750.00 |
| Taxes | |
|---|---|
| Annual | $1,100 |
| Annual Per AC | $34.38 |
| Operating Expenses | |
|---|---|
| Annual | $700 |
| Annual Per AC | $21.88 |
| Total Expenses | |
|---|---|
| Annual | $1,800 |
| Annual Per AC | $56.25 |
| Net Operating Income | |
|---|---|
| Annual | $22,200 |
| Annual Per AC | $693.75 |
Property Facts
1 Lot Available
Lot 3
| Lot Size | 32.00 AC |
| Lot Size | 32.00 AC |
32 acres with majority inside a meander of West Fork of Mill Creek, Hamiton County, Lockland Ohio. Bridge constructed by State of Ohio over Mill Creek into bulk of lot. High visibility along southbound I-75. Opportunity Zone.
Description
Ohio Regulated Capped (2 ft) and Closed Landfill. Contiguous to I-75 southbound; possible new northbound I-75 lanes (Phase 4, 5, and 6 ODOT Study plans). Currently 95K+- vehicles per day. 3,200 feet of I-75 frontage. OPPORTUNITY ZONE. Lamar Sign!
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
1 of 2
Videos
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Photos
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Street
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339 Wilson St - NFA Real Estate/Mill Creek
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