Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Russell Rd Sidney, OH 45365

    Sponsored
    For Sale
    $1,400,000

    LAND - Sidney, OH

    Lot size:
    82.90 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 18 at 9:06 pm

    Property Features for Russell Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    481821476001
    Lot size
    82.90 Acres

    We can help!

    Listing Contact
    Thomas Middleton

    Emerson Wagner Realty Co. Inc. (937) 498-2348 [email protected]

    Listing agent Thomas Middleton (937) 492-3157

    Listing date Jan 16, 2026

    MLS# 1043361 Listing URL

    Copyright © 2026 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    82.9 Acres of Prime Farmland

    This property features 82.9 acres of farmland located outside of Sidney, Ohio, in Shelby County. The tract offers space, privacy, and convenience. It is suitable for farming, investment, or a future homestead.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Sidney
    County
    Shelby
    State
    Ohio
    Longitude
    -84.209821
    Latitude
    40.302214

    Nearby Similar for Sale

    • $1,950,000
      8,480 SF

      Downtown Sidney Commercial Opportunity

      Commercial property in a thriving downtown Sidney location.
      101 S Ohio Ave, Sidney, OH 45365
      View Details
    • $99,750
      1,680 SF

      Renovated Duplex in Downtown Sidney

      Duplex with income potential in a walkable downtown location.
      321-321.5 E South St, Sidney, OH 45365
      View Details
    • $169,900
      3,020 SF

      Income-Producing Duplex with Garage Rental

      Duplex with two units and a leased two-car garage.
      414 E Court St, Sidney, OH 45365
      View Details
    • $240,000
      Pending

      Brick Duplex with Garage

      Duplex with three bedrooms, two bathrooms, and a two-car garage.
      805/807 Chestnut Ave, Sidney, OH 45365
      View Details
    • $189,900
      1,276 SF

      Retail Building on Wapak Avenue

      1,267 SF retail building in high-visibility location.
      1266 Wapakoneta Ave, Sidney, OH 45365
      View Details
    • $4,978,296
      6,533 SF

      Parachute Plasma Investment Opportunity

      NNN leased Parachute Plasma with attractive rental increases.
      2841 Wisconsin St, Sidney, OH
      View Details
    • $400,000
      21,587 SF

      Downtown Sidney Bank Building

      Bank building with drive-thru, great visibility in downtown Sidney.
      115 E Court St, Sidney, OH 45365
      View Details
    • Contact for pricing
      165,230 SF

      Industrial Facility on 33.81 Acres

      165,230 SF industrial facility on 33.81 acres available now.
      1501-1521 Michigan St, Sidney, OH 45365
      View Details
    • $650,000
      13,500 SF

      Sidney Warehouse with Office Space

      13,500 SF warehouse with 5,000 SF office space.
      2655 Campbell Rd, Sidney, OH 45365
      View Details
    • $2,502,500
      6,069 SF

      Retail Property For Sale

      Retail property with attractive rental increases for sale.
      1870 W Michigan St, Sidney, OH 45365
      View Details
    • $229,000
      2,400 SF

      Sidney Commercial Space - Prime Location

      Versatile 2400 sq ft, great price!
      207 Water St, Sidney, OH 45365
      View Details
    • $209,500
      1,276 SF

      Sidney Commercial Building - Prime Location

      Updated 1,276 sq ft building, ample parking.
      1266 Wapakoneta Ave, Sidney, OH 45365
      View Details

    FAQs

    What type of property is this?
    Farm - Farmland spanning 82.9 acres, suitable for farming and investment.
    Where is this farm located?
    The property is located at Russell Rd Sidney, OH.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - 82.9 acres of prime farmland.; - Ideal for farming, investment, or future homestead.; - Offers space and privacy.
    (937) 492-3157
    Request Owner's contact information
    Russell Rd Sidney, OH 45365
    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.
    Russell Rd
    Sidney, OH 45365
    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
    Russell Rd Sidney, OH 45365
    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

    We can help!
    Listing Contact
    Thomas Middleton
    (937) 492-3157
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.