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9792 W US 40 34 Acres of Commercial Land Offered at $6,900,000 in New Paris, OH 45347
EXECUTIVE SUMMARY
HUGE PRICE REDUCTION!!!
CALL US FOR ADDITIONAL DETAILS: BILL MICHAILIDIS 614-332-8762 or ANASTASI MICHAILIDIS 786-886-4666
9792 W US-40, New Paris, OH 45547 | Parcel #G22913130000002000
Asking Price: $6,900,000
?? Location Advantage
Positioned directly along US Route 40 in New Paris, Ohio, this 34-acre commercial site offers unmatched visibility and accessibility in a high-traffic transportation corridor. With increasing demand for truck stops, travel centers, and highway commercial developments, this property is uniquely situated to capture long-term growth.
?? Investment Highlights
1. Significant Market Appreciation
Land values in the area have surged since 2023, driven by strong commercial demand and limited supply.
High-visibility frontage along Route 40 commands premium pricing for travel center and fuel-related development.
2. Shovel Ready! Site Preparation & Improvements (Over $500,000 Invested)
Lot Clearing & Tree Removal: $150,000 invested; property fully cleared and ready for construction.
Zoning Secured: Approved for truck stop and travel center operations.
Professional Design & Engineering: $350,000 invested in architectural drawings, site layouts, and engineering.
Permits & Approvals in Place: Buyer can begin construction immediately.
3. Development Incentives
15-Year Property Tax Abatement secured, effective from the start of construction.
Substantial long-term operating savings for future ownership.
4. Complete Development Package
Full set of architectural plans and site designs included.
All major pre-construction hurdles—zoning, approvals, site work—are complete.
Truly “shovel-ready” opportunity.
? Summary
This property is far more than raw land—it is a fully entitled, build-ready development site strategically located on a major highway corridor. With tax incentives in place, all approvals secured, and site work complete, the property represents a turnkey investment with reduced development risk and accelerated timelines.
Asking Price: $6,900,000
?? Contact: Bill 614-332-8762 or Stasi 786-886-4666
CALL US FOR ADDITIONAL DETAILS: BILL MICHAILIDIS 614-332-8762 or ANASTASI MICHAILIDIS 786-886-4666
9792 W US-40, New Paris, OH 45547 | Parcel #G22913130000002000
Asking Price: $6,900,000
?? Location Advantage
Positioned directly along US Route 40 in New Paris, Ohio, this 34-acre commercial site offers unmatched visibility and accessibility in a high-traffic transportation corridor. With increasing demand for truck stops, travel centers, and highway commercial developments, this property is uniquely situated to capture long-term growth.
?? Investment Highlights
1. Significant Market Appreciation
Land values in the area have surged since 2023, driven by strong commercial demand and limited supply.
High-visibility frontage along Route 40 commands premium pricing for travel center and fuel-related development.
2. Shovel Ready! Site Preparation & Improvements (Over $500,000 Invested)
Lot Clearing & Tree Removal: $150,000 invested; property fully cleared and ready for construction.
Zoning Secured: Approved for truck stop and travel center operations.
Professional Design & Engineering: $350,000 invested in architectural drawings, site layouts, and engineering.
Permits & Approvals in Place: Buyer can begin construction immediately.
3. Development Incentives
15-Year Property Tax Abatement secured, effective from the start of construction.
Substantial long-term operating savings for future ownership.
4. Complete Development Package
Full set of architectural plans and site designs included.
All major pre-construction hurdles—zoning, approvals, site work—are complete.
Truly “shovel-ready” opportunity.
? Summary
This property is far more than raw land—it is a fully entitled, build-ready development site strategically located on a major highway corridor. With tax incentives in place, all approvals secured, and site work complete, the property represents a turnkey investment with reduced development risk and accelerated timelines.
Asking Price: $6,900,000
?? Contact: Bill 614-332-8762 or Stasi 786-886-4666
PROPERTY FACTS
| Price | $6,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 34.00 AC |
| Property Type | Land |
| Price | $6,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 34.00 AC |
1 LOT AVAILABLE
Lot
| Price | $6,900,000 | Lot Size | 34.00 AC |
| Price Per AC | $202,941.18 |
| Price | $6,900,000 |
| Price Per AC | $202,941.18 |
| Lot Size | 34.00 AC |
Shovel Ready | Prime 34-Acre Travel Center Development Site CALL US FOR ADDITIONAL DETAILS: BILL MICHAILIDIS 614-332-8762 or ANASTASI MICHAILIDIS 786-886-4666 9792 W US-40, New Paris, OH 45547 | Parcel #G22913130000002000 Asking Price: $6,900,000
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $13,230 | |
| Land Assessment | $460,340 | Total Assessment | $473,570 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$460,340
Improvements Assessment
$13,230
Total Assessment
$473,570
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