550 US 68 S | 19.23 Acres | High-Visibility Development Opportunity
Exceptional opportunity to acquire 19.23 acres strategically positioned along US Route 68 with outstanding visibility from US Route 35. Offered at $4,807,500, this property combines existing improvements, a proven income-producing Airbnb operation, and a substantial tract of vacant land in a highly visible, high-traffic location.
The property consists of two parcels totaling approximately 19.23 acres:
6.14 Acres – Improved & Income-Producing Parcel:
This parcel features three existing structures, including the owner's residence and two currently operating Airbnb rentals that have generated approximately $50,000 in annual income for each of the past four years. One of the homes offers a unique setting overlooking a stocked pond, adding to the appeal and versatility of the property. The established rental income provides an opportunity for continued revenue while future development plans are considered.
13.09 Acres – Vacant Land:
Approximately 13.09 acres of vacant land positioned along the US 35/US 68 corridor, offering excellent frontage, exposure, and accessibility. The property's location provides exceptional visibility to traffic traveling US 35 and US 68 and is situated directly across US 35 from the Greene County Career Center.
Adding to the property's unique location, the northern border adjoins the paved Jamestown Connector bike and walking trail, providing direct adjacency to an established recreational corridor and an additional amenity for potential future development.
With its acreage, frontage, visibility, established income, and strategic location along two major transportation routes, this site presents a compelling opportunity for a major fuel user, convenience store, travel-oriented retailer, commercial developer, hospitality concept, or other high-traffic commercial use, subject to zoning and governmental approvals.
A rare opportunity to control nearly 20 acres at a highly visible US 35/US 68 location while benefiting from an established income stream and significant long-term development potential.
Property Highlights
• 19.23 total acres
• Offered at $4,807,500
• Approximately 13.09 acres of vacant land
• Approximately 6.14 acres with three existing structures
• Two established income-producing Airbnb rentals
• Approximately $50,000 in annual Airbnb income for the past four years
• Stocked pond with one residence overlooking the water
• Northern property border adjoins the paved Jamestown Connector bike/walking trail
• US Route 68 frontage
• Excellent visibility from US Route 35
• High-traffic transportation corridor
• Directly across US 35 from Greene County Career Center
• Strong potential for fuel, convenience, travel-oriented retail, hospitality, or commercial development
• Existing income stream during planning/development period
• Development and commercial uses subject to zoning and governmental approval