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: 1/11/2026 Last Modified: 1/11/2026

Overview

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.

Listing Details MLS# 224010421

Location Property Info

Original List Price
14250000
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

MLS Entry Date
2024-04-05

General Property Info

Acreage
123.97
Previous Use
Golf Course/ Ag
Residential Dwelling/Other Structure Y/N
Yes
# of Buildings
3
Building Sq Ft
3416
Year Built
2001
Built Prior to 1978
No

Tax Info

Parcel #
066-319152-00.000
Zoning
Ag
Multiple Parcels
Yes
Addl Parcel Numbers
066-319152-00.002
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
13882

Expenses

R.E. Taxes
16836

Auction Info

Auction/Online Bidding Y/N
No

More Information

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

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
Yes

Water Source

Well
Yes

Sewer

Private Sewer
Yes

Services Available

Electricity Available
Yes
Water Available
Yes

Lot Characteristics

Sloped
Yes
Split Option Avail
Yes

Miscellaneous

Survey
Yes

Alternate Uses

Commercial
Yes
Industrial
Yes
Residential
Yes

New Financing

Conventional
Yes
Owner Financing
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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: January - 11 - 2026
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