Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land For Sale in Tiffin Title is generated by Realmo AI

    Morgan Street, Tiffin, OH 44883

    View on Map
    Claim this Listing
    New
    For Sale
    $300,000

    LAND - Tiffin, OH

    Lot size:
    0.14 Acres
    Added:
    May 8, 2026
    Days on Market:
    2
    Last Refresh:
    May 9 at 2:06 am

    Property Features for Morgan Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    Q53030370080000
    Lot size
    0.14 Acres

    We can help!

    Listing Contact
    Leslie D Dundore
    Leslie D Dundore

    Listing agent Leslie D Dundore License #412417

    Listing office Generations Realty 25 Melmore Street, Marion, OH

    Listing date May 8, 2026

    MLS# 20261689 Listing URL

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

    HighLights

    • All lots to be sold together, offering a potentially large combined property.
    • City utilities are available, simplifying development.
    • Includes parcel with address 926 S. Morgan Street.
    • Location coordinates provided for easy identification.

    Overview

    The property, identified by parcel number Q53030370120000 and located on Morgan Street in Tiffin, Ohio, consists of multiple lots to be sold together. The address associated with the parcel is 926 S. Morgan Street. The total lot size is 0.1427 acres. City utilities are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Tiffin
    County
    Seneca
    State
    Ohio
    Longitude
    -83.207842
    Latitude
    41.10723

    Nearby Similar for Sale

    • $310,000
      2,086 SF

      Downtown Commercial Building with Parking

      Versatile commercial property in downtown Tiffin, move-in ready.
      205 Jefferson St., Tiffin, OH 44883
      View Details
    • $1,000
      1,280 SF

      Tiffin Commercial Corner Opportunity

      Freestanding service building on a 0.34-acre paved lot.
      130 Melmore St., Tiffin, OH 44883
      View Details
    • $219,900
      1,551 SF

      Mixed-Use Building in Downtown Tiffin

      Mixed-use property with office/retail space and apartments in Tiffin.
      180 S Washington Street, Tiffin, OH 44883
      View Details
    • $279,000

      Updated Duplex in Tiffin, OH

      Updated duplex with income potential and timeless charm in Tiffin.
      489 Hedges Street, Tiffin, OH 44883
      View Details
    • $169,900
      1,440 SF

      Charming Duplex Near College

      Desirable duplex with income potential in a thriving neighborhood.
      109 Wall St, Tiffin, OH 44883
      View Details
    • $850,000

      Productive Farmland in Seneca County

      79.63-acre farm ground with 77 tillable acres near Tiffin.
      V/L E Township Rd 8, Tiffin, OH 44883
      View Details
    • $750,000
      20,950 SF

      Tiffin Commercial Property For Sale

      Prime commercial property in Tiffin's West end commerce area.
      747 W Market Street, Tiffin, OH 44883-2520
      View Details
    • Contact for pricing

      Established Retail Space For Sale

      Tenant with long-term commitment and rental increases.
      876 W Market St, Tiffin, OH 44883
      View Details
    • $2,544,192
      79 SF

      Industrial Land Ready For Development

      79 acres of M-2 zoned industrial land.
      0 Tyber Rd TR 118, Tiffin, OH 44883
      View Details
    • $400,287
      13 SF

      Industrial Land Ready For Development

      13 acres of heavy industrial land with utilities on site.
      0 Tyber Rd TR 118 - South Parcel, Tiffin, OH 44883
      View Details
    • $1,300,000

      Prime Commercial Land Opportunity

      5.985 acres of commercial land for sale in Tiffin, OH.
      State Route 224, Tiffin, OH 44883
      View Details
    • $2,980,160

      79 Acres Heavy Industrial Land

      79 acres of M-2 zoned heavy industrial land.
      0 Tyber Rd , Tiffin, OH
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land available with city utilities in Tiffin, Ohio.
    Where is this commercial land located?
    The property is located at Morgan Street Tiffin, OH.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: All lots to be sold together, offering a potentially large combined property.; City utilities are available, simplifying development.; Includes parcel with address 926 S. Morgan Street.
    (740) 244-6258
    We can help!
    Listing Contact
    Leslie D Dundore
    Leslie D Dundore
    Real Estate License ID: 412417
    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

    Thank You for Inquiry
    Morgan Street, Tiffin, OH 44883
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!