Property Description

MADISON COUNTY DEVELOPMENT LAND!27.668 +/- acres land north side of U.S. 40/National Rd west of Byerly Rd in London. Site can be annexed into West Jefferson to access commercial/industrial zoning and utilities. Water at U.S. 42 and U.S. 40, sewer at U.S. 42 and I-70. Possible 15-year tax abatement on improvements available if annexing into West Jefferson.

3980 Us-40 | MLS# 225033191

This land located at 3980 Us-40 , London, OH 43140 is currently listed for sale with an asking price of $595,000. The property has approximately 27.67 Acres. Us-40 is located within the LONDON CITY school district. Search London real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Land - Residential

Days on Market: 195

Lot Size: 27.67 Acres

Taxes: $1,172

Feature Descriptions

Parcel #: 05-00008.000

Local Schools

School District: LONDON CITY

Demographics

Madison County Demographic Information for 3980 Us-40 , London, OH 43140

Fips

Fips Code 39097

Population

2020 to 2023 Change up 1.8%

2010 Count 43,435

2020 Count 43,824

2023 Estimate (V2023) 44,602

2020 Estimate (V2023) 43,843

Age Distribution (Years Old)

0 to 4 5.1%

5 to 17 20.8%

18 to 64 59.2%

65 and Older 14.9%

Gender

Male 55.0%

Female 45.0%

Place of Birth

Foreign 1.9%

US 98.1%

Education

High School Graduate, Age 25+ 88.8%

Bachelor's Degree or Higher, Age 25+ 20.4%

Computer and Internet use

Households with a computer 93.4%

Households with a broadband Internet subscription 89.1%

Language

English is Second Language, Age 5+ 5.1%

English is First Language, Age 5+ 94.9%

Veterans

Veterans 2,598

Income

Per Capita Income $33,512

Median Household Income $77,062

People in Poverty 10.0%

Commute

Average Work Commute Time 25 minutes

Housing

Total Housing Units 16,143

Households 15,264

Average Household Size 2.57

Owner-Occupied 75.9%

Multi-Family 13.2%

Owner-Occupied Median Value $201,200

Median selected monthly owner costs -with a mortgage $1,424

Median selected monthly owner costs -without a mortgage $547

Median gross rent $899

Building Permits

New Private Housing Issued 2023 274

Years at Residence

1 Year or More 85.9%

Less Than 1 Year 14.1%

Business and Employment

Private non-farm Establishments 711

Private non-farm Employment 15,740

Private non-farm Employment Growth up 6.6%

Nonemployer Establishments 3,013

Number of Firms 2,967

Business Production

Value of Shipments $1,328,540,000

Wholesale Trade $0

Retail Trade $1,745,971,000

Retail Sales Per Capita $0

Accommodation and Food Services $51,887,000

Land

Land Area 465.88 sq. miles

Population Per Square Mile 94

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 3,174.22 per month $2,903.01 Principal & Interest $97.67 Property Tax $173.54 Homeowner's Insurance

Change Payment Information

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3980 Us-40 London, OH 43140