0 Market AveMiddletown, OH 45005

For Sale
$6,561,000

12.6 Acres, Permit-Ready, Build Now

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 12.6-acre parcel in Middletown, Ohio (45005), located on Market Ave in Butler County, presents a unique opportunity for immediate multi-family development. Zoned Multi-Family BC-H, this permit-ready site boasts pre-approved entitlements, eliminating lengthy delays and streamlining the construction process. The Atticus project plan, already in place, envisions 243 multi-family dwellings. Significant cost savings are available through a county sales tax exemption on construction materials up to $1.75 million, coupled with the city's waiver of all permit fees. Construction can commence immediately, capitalizing on a current moratorium on new multi-family projects in the area, ensuring strong occupancy rates. This prime location offers unparalleled advantages, situated directly across the street from a planned $200 million mixed-use entertainment development, including a state-of-the-art event center, scheduled to break ground in Q4 2024. This development will significantly enhance the area's desirability and property values. The asking price for this exceptional opportunity is $6,561,000. Don't miss this chance to acquire a truly exceptional, ready-to-build multi-family development site in a rapidly growing area. The property's latitude and longitude coordinates are 39.49666, -84.31943 respectively.

Highlights

  • Permit-ready site with entitlements in place.
  • $1.75M in county sales tax exemption on construction materials.
  • City waives all permit fees.
  • Ready for immediate construction.
  • 243-unit multifamily development planned on 12.6 acres.
  • Development benefits from a multifamily construction moratorium, ensuring strong occupancy.

Property Details for 0 Market Ave

Property type
Other land, Land
Lot Size (sq. ft)
548,856 SF

Location Insight

City
Middletown
County
Butler
State
Ohio
Latitude
39.49666
Longitude
-84.31943
Market Ave, Middletown, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Market Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message