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3794 Waterford Pkwy - $1 Auction – 1.07 Acre Parcel | 24K VPD

1.07 Acres of Commercial Land Offered at $1.00 in Amelia, OH 45102

Investment Highlights

  • ABSOLUTE $1 AUCTION | ±1.07 Acre Parcel | 24K VPD | Cincinnati MSA | AUCTION DECEMBER 9-11, 2024
  • Nearby Retail: Taco Bell, KFC, Freddy’s Frozen Custard, Dairy Queen, Arby’s, McDonald’s, Burger King, and more
  • Favorable B1, Commercial Zoning with Flexible Uses Permitted for Retail and Office
  • ±1.07 AC Parcel in Dense Commercial Corridor in Cincinnati MSA
  • Ohio Pike Traffic Count of ±24,341 VPD
  • Dense Demographics with 5-Mile Population of ±96,478 and Annual Household Income of ±$89,524

Executive Summary

Marcus & Millichap is pleased to present a 1.07-acre parcel located at 3794 Waterford Parkway in Ameilia, Ohio (the “Property”). The Property offers an exceptional development opportunity in a growing, robust trade area and FIRST BID MEETS RESERVE!

The Property consists of a 1.07-acre parcel in a robust trade area near a mix of residential, corporate, and retail demand generators. The parcel is adjacent to Taco Bell and within a concentrated corridor of national retailers including KFC, Long John Silver’s, Dairy Queen, Skyline Chili, McDonald’s, Burger King, Kroger, and more. The Property benefits from B1, Commercial Zoning with flexible uses permitted including retail and office. The Property benefits from ingress/egress easements with both Taco Bell and Freddy’s and offers visibility on Ohio Pike with traffic counts of 24,341 vehicles per day. Demand generators include corporate headquarters for American Modern Insurance Group, East Gate Mall, and West Clermont High School. American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for specialty residential property and the recreational market, including boats, personal watercraft, classic cars, and more.

Amelia, located in Clermont County, is approximately 20 miles east of downtown Cincinnati. The village benefits from its proximity to State Route 125 and I-275 (68,765 VPD), which provides easy access to Cincinnati and the surrounding MSA. Amelia benefits from regional growth and strong demographics with a population of 96,478 residents and an average household income of $89,524 within a 5-mile radius of the Property. The population has experienced 5.37% growth from 2020-2024 with 3.18% growth expected to continue through 2029.

Property Facts

Price $1.00
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
Total Lot Size 1.07 AC

1 Lot Available

Lot

Price $1
Price Per AC $1
Lot Size 1.07 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-31-12B-289
Land Assessment
$16,350
Improvements Assessment
$0
Total Assessment
$16,350

zoning

Zoning Code B1 (Favorable B1, Commercial Zoning with Flexible Uses Permitted for Retail and Office)
B1 (Favorable B1, Commercial Zoning with Flexible Uses Permitted for Retail and Office)
  • Listing ID: 33641194

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 3794 Waterford Pkwy, Amelia, OH 45102

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