3980 Us Highway 40London, OH 43140

For Sale
$830,000

27-Acre Ohio Farm, $830K

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 27.67-acre farm in Madison County, Ohio, presents a unique development opportunity. Located at 3980 US Highway 40 NE, London, OH 43140 (APN: 05-00008.000), this A1-zoned property boasts significant potential. Situated near the intersection of US 40, US 42, and I-70, it offers unparalleled access to major transportation arteries. The property's proximity to a large industrial park makes it ideal for various commercial ventures. The site, currently in Deer Creek Township, is eligible for annexation into the village of West Jefferson, unlocking access to commercial zoning and essential utilities. Furthermore, the property qualifies for a substantial 100% tax abatement on improvements for up to 15 years, significantly reducing development costs. With a lot size measuring approximately 431 feet of frontage and 1414.84 feet on the side, this parcel offers ample space for a variety of projects. The 2019 property taxes totaled $1,356.98. This is a rare chance to acquire a strategically located, sizable parcel with significant development incentives. Don't miss this exceptional investment opportunity.

Highlights

  • 27.6-acre minimum parcel size.
  • 1,414.84 feet of side lot frontage.
  • 431 feet of front lot frontage.
  • Annual property taxes: $1,356.98.
  • 2019 tax year.

Property Details for 3980 Us Highway 40

Property type
Other land, Other farms
Lot Size (sq. ft)
1,205,305 SF

Location Insight

City
London
County
Madison
State
Ohio
Latitude
39.89867
Longitude
-83.4430118
3980 Us Highway 40, London, Ohio

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3980 Us Highway 40
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