232 Hales Way, Mt Orab, OH 45176

$699,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Property Description

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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Toni Louis with RE/MAX Preferred Group

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.