Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    60 Lakengren Drive Eaton, OH 45320

    View on Map
    For Sale
    $144,900

    LAND - Lakengren, OH

    Lot size:
    0.46 Acres
    Added:
    Mar 3, 2023
    Days on Market:
    1124
    Last Refresh:
    Mar 31 at 4:06 pm

    Property Features for 60 Lakengren Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    B44002400301005000
    Lot size
    0.46 Acres

    We can help!

    Listing Contact
    Andrew Gaydosh
    Andrew Gaydosh

    Listing agent Andrew Gaydosh License #2001008598

    Listing office eXp Realty 70 BIRCH ALLEY STE 240 BLDG B, Dublin, OH

    Listing date Mar 3, 2023

    MLS# 1765692

    Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Building Lot in Lakengren

    This 0.46-acre waterfront building lot is located in Lakengren, Ohio. Residents can enjoy Lakengren amenities such as walking trails, a lodge, marina, play area, tennis courts, boating, fishing, and swimming. The neighborhood is golf cart friendly.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Gym & Fitness Center Pharmacy Kitchen & Bath Showroom Hotel & Motel Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eaton
    County
    Preble
    State
    Ohio
    Longitude
    -84.6939936
    Latitude
    39.699689

    Nearby Similar for Sale

    • $1.00
      6,448 SF

      Eaton, OH Office Spaces

      Office spaces for sale in Eaton, Ohio.
      200 Eaton Lewisburg Road, Eaton, OH 45320
      View Details
    • $234,900
      660 SF

      Eaton Mixed-Use Investment Opportunity

      Well-maintained, fully leased mixed-use building in prime Eaton location.
      113 S Barron Street, Eaton, OH 45320
      View Details
    • $25,900

      Residential Building Lot in Eaton

      0.37 acre building lot in Lake Lakengren community.
      40 Kastrup Drive, , OH 45320
      View Details
    • $25,900

      Residential Lot in Lakeside Community

      0.37 acre building lot in Lake Lakengren, Eaton, Ohio.
      40 Kastrup Drive, Gasper Township, OH 45320
      View Details
    • $1.00

      Prime Storefront in Eaton, OH

      Storefront with high visibility and recent updates in Eaton, OH.
      140 N Barron Street, Eaton, OH 45320
      View Details
    • $310,500

      Eaton Office Space For Sale

      Commercial office space with detached garage and ample parking.
      1751 N Barron Street, Eaton, OH 45320
      View Details
    • $69,500

      Residential Lot in Stoney Brook

      Vacant lot ready for construction in desirable Eaton neighborhood.
      113 Wildwood Drive, Eaton, OH 45320
      View Details
    • $69,500

      Residential Land in Stoney Brook

      Vacant lot ready for construction in desirable Eaton neighborhood.
      113 Wildwood Drive, Eaton, OH 45320
      View Details
    • $1,395,000
      6,444 SF

      Retail Property in Eaton, OH

      Retail property with 6,444 square feet of space.
      1206 N Barron St, Eaton, OH
      View Details
    • $2,000
      3,589 SF

      Commercial Building Near High-Traffic Area

      Commercial building with multiple suites and ample parking for sale.
      1845 Us Route 127 N, Eaton, OH, 45320
      View Details
    • $1,000
      1,000 SF

      Highway Use Land For Lease

      3.55 acre commercial lot for lease in Washington Twp.
      1851 N US Rt 127, Washington Twp, OH 45320
      View Details
    • $1,893,000
      2,100 SF

      Retail Space For Sale

      Retail space available for purchase, offering a 5.60% CAP.
      1107 N Barron St, Eaton, OH 45320
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.46 acre waterfront lot with Lakengren amenities.
    Where is this residential land & home lot located?
    The property is located at 60 Lakengren Drive Eaton, OH.
    What is the asking price?
    The asking price for this property is $144,900.
    What are key features of this property?
    This property features: Waterfront building lot, one of the few available!; Enjoy access to Lakengren amenities including the lodge, marina, play area, tennis courts, boating, fishing, and swimming.; Located in a golf cart friendly neighborhood.
    (866) 212-4991
    We can help!
    Listing Contact
    Andrew Gaydosh
    Andrew Gaydosh
    Real Estate License ID: 2001008598
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!