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Capstone Land Sales is pleased to present the Towne Mall
Development Site: a ±6.2-acre land site located adjacent to the Middletown
Mall. This site is part of a larger proposed Master Plan from the city to
redevelop the mostly vacant mall into a modern mix of multi-family, office,
retail, and community gathering spaces. With momentum from the city behind the
redevelopment and TIFs (Tax-Incremental Financing) in place, the barrier to
entry for development at the site is significantly lower than other opportunities.
Situated directly between Cincinnati and Dayton, the site
benefits from the robust multi-family market fundamentals in both MSAs as rapid
development continues along the I-75 corridor. Warren County has undergone
several recent development and redevelopment projects, positioning its’
communities for long-term growth. Located at the intersection of I-75 and
OH-122, the site offers future residents with ample access to employment as
well as excellent options for grocers, dining, retail, and an abundance of
amenities within a few minutes’ drive.
Investment Highlights:
Redevelopment Master Plan
Strong Rental Market