1371 Shaw Lane
Property Description
Income-Producing Land with Contractor Yard & Development Upside Offered for sale is a rare, income-producing land opportunity in Xenia, Ohio, featuring 7.51 acres of previously developed land with immediate cash flow and flexible future use potential. The former warehouse building has been demolished, creating a clean slate for a buyer seeking usable land with infrastructure already in place, while the property continues to generate income from two leased residential units, significantly reducing holding costs during ownership or planning. The site offers substantial open yard space, making it well-suited for contractor and service-based businesses, including concrete, asphalt, gravel, construction, and landscaping companies. The acreage provides ample room for equipment parking, material storage, truck staging, and future expansion. -7.51-acre parcel with prior development -$24,000 annual gross income from two residential units -1800 SF garage / outbuilding in above-average condition with a brand new roof, 12-foot overhead door -Apartment above garage leased at $1,000/month -2-bedroom single-family residence leased at $1,000/month -Ideal for owner-users, contractors, or land investors -Low holding cost with in-place income -Offered as-is Ideal Uses include; Concrete company, Asphalt / paving contractor, Gravel or material storage operation, Construction company yard Landscaping business, Owner-user with equipment and vehicle needs, Investor seeking land banking with cash flow, or FAMILY COMPOUND! With existing income, usable acreage, and development optionality, this property presents a compelling opportunity to operate a business today while controlling land for tomorrow. Buyer to verify zoning, permitted uses, utilities, and redevelopment potential.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $695,000 |
| Year Built: | 2006 |
| Lot Size: | 7.58 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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