Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Residential Building Lot Title is generated by Realmo AI

    1231 Brittany Drive, Celina, OH 45822

    View on Map
    Claim this Listing
    New
    Picture of Residential land & home lots at 1231 Brittany Drive, Celina, OH
    For Sale
    $60,000

    LAND - Celina, OH

    Lot size:
    0.65 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 1:06 pm

    Property Features for 1231 Brittany Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    270001000113
    Lot size
    0.65 Acres

    Taxes and HOA fees

    Tax Year
    2025

    We can help!

    Listing Contact
    Brandon F. Arling

    Listing agent Brandon F. Arling

    Listing office Arling Real Estate LLC 2160 Buckey St., Maria Stein, OH

    Listing date Jun 3, 2026

    MLS# 1046168 Listing URL

    Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Buildable corner lot in the Wheatland Acres subdivision
    • Neighboring farmland nearby for a more rural atmosphere
    • Location coordinates: -84.59175, 40.562187

    Overview

    This is a residential corner lot in the Wheatland Acres subdivision, offered for sale as a buildable site. The property spans approximately 0.65 acres and is positioned to provide a prominent corner location for a future home build.

    The lot is located within the city of Celina and is described as being conveniently situated while also benefiting from neighboring farmland, creating a more rural atmosphere. As an established residential area, the site is framed by surrounding homes and open views.

    For buyers looking to construct a custom residence, this parcel offers the space and placement to plan a home around the lot’s corner footprint. Its size supports a range of residential site planning options, and the openness referenced in the remarks may appeal to homeowners who want a balance of neighborhood setting and country-adjacent feel. Verification of specific building requirements and any subdivision or utility constraints is recommended as part of due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Auto Parts Store Department Store Food Market Accounting Firm Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Celina
    County
    Mercer
    State
    Ohio
    Longitude
    -84.591752
    Latitude
    40.562189

    Nearby Similar for Sale

    • $449,000
      3,445 SF

      Turn-Key Restaurant Opportunity Near Grand Lake

      Fully equipped restaurant for sale near downtown and Grand Lake.
      202 W Logan Street, Celina, OH 45822
      View Details
    • $899,000
      8,770 SF

      Mixed-Use Property Near Grand Lake

      Mixed-use property near Grand Lake St. Marys and Boardwalk Village.
      910 S Sugar Street, Celina, OH 45822
      View Details
    • $800,000
      4,240 SF

      Mixed-Use Property in Celina, OH

      Custom-built commercial property with residential income potential in Celina.
      718 E Wayne Street, Celina, OH 45822
      View Details
    • $124,900

      Channel Front Land on Grand Lake

      Unimproved waterfront land with seawall and water access.
      5401 Robert Road, Celina, OH 45822
      View Details
    • $1,200,000
      3,598 SF

      Lakefront Commercial Property in Celina

      3,598 SF lakefront commercial property on 1.77 acres.
      510 E Market Street, Celina, OH 45822
      View Details
    • $2,200,000
      7,500 SF

      Downtown Celina Commercial Space Available

      Two floors of versatile commercial space in revitalizing downtown Celina.
      202 S Main Street, Celina, OH 45822
      View Details
    • $3,500,000
      82,967 SF

      Grocery Anchored Retail Center

      Well-maintained retail center anchored by Chief's Supermarket in Celina, OH.
      221 Summit Street, Celina, OH 45822
      View Details
    • $317,900

      Lakefront Land in Celina, Ohio

      Wooded lakefront land with development potential in Celina, Ohio.
      Springer 1-6 & Roadway 14-16 Lane, Celina, OH 45822
      View Details
    • $59,900

      Residential Land in Celina, Ohio

      Build your new lake home on this beautiful site.
      6685 Coldwater Beach Road, Celina, OH 45822
      View Details
    • $284,900

      Lakefront Land in Celina, Ohio

      1.26 acres of lakefront and channel front residential land.
      Springer 7-11 & Roadway 18 &19 Lane, Celina, OH 45822
      View Details
    • $275,000
      15,498 SF

      Downtown Celina Open Span Building

      Open space building in downtown Celina with endless possibilities.
      311 S Main Street, Celina, OH 45822
      View Details
    • $44,700

      Lake Lot on Grand Lake

      Waterfront lot with capped seawall in Celina, Ohio.
      6945 Heron Drive, Celina, OH 45822
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential corner lot in Wheatland Acres with ample room for a custom home within city convenience.
    Where is this residential land & home lot located?
    The property is located at 1231 Brittany Drive Celina, OH.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Buildable corner lot in the Wheatland Acres subdivision; Neighboring farmland nearby for a more rural atmosphere; Location coordinates: -84.59175, 40.562187
    (567) 644-4851
    We can help!
    Listing Contact
    Brandon F. Arling
    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
    1231 Brittany Drive, Celina, OH 45822
    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!