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234 Hales Way, Mount Orab, OH 45176$699,900

Subdivision: OF RECORD Days on Site: 4 MLS#: 1875344 View Map

Comments for 234 Hales Way, Mount Orab, OH 45176

PREMIER 4.5-Acre Light Commercial Development Opportunity! Zoning Approved For 24 Apartments! Offered Directly By The Owner/Developer/Seller, This Asset Reflects Vision and Readiness for Execution. An Exceptional,Rare Offering in a Highly Sought-After,Highly-Visibility Corridor with Strong Traffic Exposure and Established Surrounding Demographics! Positioned Between an Established Senior Living Community and Multifamily Apartment Residences, This 4.5-Acre Parcel Presents a Strategic Development Opportunity with Immediate Upside and long-Term Value! Fully Zoned Light Commercial,The Site has Been Thoughtfully Prepared with Cleared Land and Utilities Already on Site,Allowing for Expedited Development.This is a True Turn-Key Land Investment in a Rapidly Positioned Growth Area. Completing the Development Site is a Substantial Two-Story Brick Residence Featuring: 5 Bedrooms, 4Full Bathrooms and a Flexible Layout with Potential to Accommodate up to Three Separate Living Arrangements.

Property Type: Commercial - Business Lot Size: 4.50 Acres
Basement: None Owner Pays: Taxes, All Utilities, Electricity, Gas, Water, Sewer, Insurance, Internal Maintenance, External Maintenance, Common Area Maint, Trash Removal
Cooling: Central Air Parking: Private, Garage, Onsite, On Street, Concrete, Asphalt, Gravel, Fenced
Days on Site: 4 Roof Type: Shingle
Exterior: Brick Sewer: Public Sewer
Exterior Features: Part Fenced Site: Multi-Tenant, Residential Area, Commercial Area, Other
Fenced: Yes Stories: 2.0
Flooring: Tile, Carpet Total Buildings: 1
Foundation: Poured Traffic Count: High
Gas: Natural Water: Public
Heating: Forced Air, Gas Year Built: 2001
Lot Dimensions: 4.5 Acres  

Listed By

Agency Name: RE/MAX Preferred Group
Agency Phone: 513-874-8373
Agent Name: Toni Louis

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Brown County Demographic Information for 234 Hales Way, Mount Orab, OH 45176

Fips
Fips Code39015
Population
2020 to 2025 Changeup 1.6%
2010 Count44,846
2020 Count43,676
2025 Estimate (V2025)44,397
2020 Estimate (V2025)43,673
Age Distribution (Years Old)
0 to 45.8%
5 to 1723.1%
18 to 6453.7%
65 and Older17.4%
Gender
Male49.8%
Female50.2%
Place of Birth
Foreign0.6%
US99.4%
Education
High School Graduate, Age 25+87.3%
Bachelor's Degree or Higher, Age 25+15.7%
Computer and Internet use
Households with a computer90.9%
Households with a broadband Internet subscription84.3%
Language
English is Second Language, Age 5+1.1%
English is First Language, Age 5+98.9%
Veterans
Veterans2,480
Income
Per Capita Income$34,980
Median Household Income$71,270
People in Poverty15.2%
Commute
Average Work Commute Time34 minutes
Housing
Total Housing Units20,338
Households17,138
Average Household Size2.53
Owner-Occupied77.2%
Multi-Family8.8%
Owner-Occupied Median Value$196,200
Median selected monthly owner costs -with a mortgage$1,348
Median selected monthly owner costs -without a mortgage$529
Median gross rent$817
Building Permits
New Private Housing Issued 2024147
Years at Residence
1 Year or More92.1%
Less Than 1 Year7.9%
Business and Employment
Private non-farm Establishments561
Private non-farm Employment5,873
Private non-farm Employment Growthdown 3.3%
Nonemployer Establishments2,843
Number of Firms508
Business Production
Value of Shipments$0
Wholesale Trade$60,013,000
Retail Trade$334,266,000
Retail Sales Per Capita$0
Accommodation and Food Services$38,686,000
Land
Land Area490.02 sq. miles
Population Per Square Mile92
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Jon Glista
Call: (937) 620-8913
Text: (937) 620-8913

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Mortgage Payment Calculation for 234 Hales Way, Mount Orab, OH 45176

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $4,516.70 / per month

(Payments are an estimate and may vary by lender)

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