1345 Legend Lane, Alexandria, OH 43001
$10,500,000
Property Type:
Land/Farm
Lot Size (sq. ft.):
5,400,133
Status:
Active
Current Price:
$10,500,000
List Date:
7/31/2025
Last Modified:
12/04/2025
Description
Excellent investment opportunity! This impressive 124-acre tract is ideally located just 5 miles southeast of the rapidly growing New Albany International Business Park. The property spans 3,926 feet along the north side of State Route 161, just east of Route 310. A 16' waterline is available on Jersey Mill Road at the northwest corner of the site, and a new 3-million-gallon-per-day sewer plant is planned directly east of the property, currently moving through the design phase. No additional land will be taken from this parcel for the upcoming six-lane expansion of State Route 161. Recent area acquisitions include multiple medical companies to the west, further highlighting the region's strong growth trajectory. The seller is open to considering a single-investor buy-in opportunity of this exceptional tract.
Supplements: ********
More Information MLS# 224010421
Location & Property Info
List Price/Acre: 84697.91
City (Mailing Addr): Alexandria
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
For Exchange: No
For Lease: No
General Property Info
Built Prior to 1978: No
Previous Use: Golf Course/ Ag
Residential Dwelling/Other Structure Y/N: Yes
# of Buildings: 3
Building Sq Ft: 3416
Acreage: 123.97
Year Built: 2001
Tax Info
Zoning: Ag
Multiple Parcels: Yes
Addl Parcel Numbers: 066-319152-00.002
Tax Abatement: No
Taxes (Yrly): 13882
Parcel #: 066-319152-00.000
Tax Year: 2024
Remarks & Misc
Property Description: Excellent investment opportunity! This impressive 124-acre tract is ideally located just 5 miles southeast of the rapidly growing New Albany International Business Park. The property spans 3,926 feet along the north side of State Route 161, just east of Route 310. A 16' waterline is available on Jersey Mill Road at the northwest corner of the site, and a new 3-million-gallon-per-day sewer plant is planned directly east of the property, currently moving through the design phase. No additional land will be taken from this parcel for the upcoming six-lane expansion of State Route 161. Recent area acquisitions include multiple medical companies to the west, further highlighting the region's strong growth trajectory. The seller is open to considering a single-investor buy-in opportunity of this exceptional tract.
Income/Expenses
Gross Income: 70000
Net Operating Income: 30000
Total Expenses: 40000
Addl Acceptance Cond
None Known: 1
Expenses
R.E. Taxes: 13812
Water Source
Well: 1
Sewer
Private Sewer: 1
Services Available
Electricity Available: 1
Water Available: 1
Lot Characteristics
Sloped: 1
Split Option Avail: 1
Miscellaneous
Survey: 1
Alternate Uses
Commercial: 1
Industrial: 1
Residential: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
Owner Financing: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 14250000
List Price: $10,500,000
Property Sub Type: Development
Street #: 1345
Street Name: Legend
Street Suffix: Lane
County: Licking
State: OH
Zip Code: 43001
School District: NORTHRIDGE LSD 4509 LIC CO.
Township: St Albans
OfficeContract Info
Status: Active
MLS Entry Date: 2024-04-05
Property Features
Addl Acceptance Cond: None Known
Water Source: Well
Sewer: Private Sewer
Services Available: Electricity Available; Water Available
Lot Characteristics: Sloped; Split Option Avail
Miscellaneous: Survey
Alternate Uses: Commercial; Industrial; Residential
New Financing: Conventional; Owner Financing
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Forman Realtors, Inc
Listing Agent:
Mike Forman
Last Updated: December - 04 - 2025
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