9792 W 40 US, E New paris, OH 45547

Prime Travel Center Development Opportunity | Shovel-Ready 34-Acre Site

9792 W US-40, New Paris, OH 45547 | Parcel #G22913130000002000 Offered at: $6,400,000

Executive Summary

Representing a premier investment opportunity in the heart of a high-traffic transportation corridor, this 34-acre commercial site is positioned for immediate development. Strategically located along US Route 40, the property is uniquely engineered to meet the surging demand for travel centers, truck stops, and highway-oriented commercial use. This is a fully entitled, "shovel-ready" asset designed to minimize development risk and accelerate project timelines.

Investment Highlights

• Unmatched Location Advantage: Situated with high-visibility frontage on US Route 40, the site captures significant regional traffic. The area has seen a marked increase in land values since 2023, driven by a tightening supply of premium commercial acreage and robust logistics demand.
• Substantial Capital Improvements ($500,000+ Invested):
  • Site Preparation: Over $150,000 has been allocated to comprehensive lot clearing and tree removal, providing a clean slate for construction.
  • Architecture & Engineering: $350,000 has been invested in professional site layouts, architectural drawings, and full engineering specs.
• Entitlements & Zoning: The property is fully zoned and approved for truck stop and travel center operations. All major pre-construction hurdles—including permits and municipal approvals—are already in place.
• Significant Tax Incentives: The site features a secured 15-year property tax abatement, effective upon the commencement of construction, offering substantial long-term operational savings and enhanced internal rate of return (IRR).

A Turnkey Development Package

This offering transcends traditional raw land sales. The acquisition includes a complete development package, featuring all architectural plans and site designs. With site work finished and incentives secured, a buyer can transition from acquisition to vertical construction with minimal delay.

Contact for Additional Details

To discuss this opportunity or to review the full development package, please contact:

Bill Michailidis | 614-332-8762

Stasi Michailidis | 786-886-4666

Global Petro Advisors