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Corner Commercial Development Land
For Sale
$500,000

10488 State Route 118, Van Wert, OH 45891

Corner development lot in a high-traffic area near regional employers and schools.

Property SizeContact for details
Lot Size1.29 Acres
Days on Market662

Property Features for 10488 State Route 118

General Information

Standard status Active
Lot size 1.29 Acres
Listing Agency: Red Oak Realty
Listed By: Amber Davis
Source: Exprealty
Added: Nov 13, 2024 Changed: Aug 20 Last Checked: Sep 5 at 9:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red Oak Realty

Investment Insights

Based on property information with market context.

This commercial development land parcel is offered for sale as a corner site suitable for future development. The property is located in a high-traffic area and is positioned to serve daily demand generated by nearby institutional and professional users.

The public remarks note proximity to The Niswonger Performing Arts Center, OhioHealth, and Van Wert City Schools. The surrounding uses include a mix of education, healthcare, and community-focused activity.

As a corner lot, the site offers visibility potential from intersecting directions, and it can be considered for retail or restaurant development based on the intended use discussed in the remarks. Interested parties should confirm all development requirements and approvals with the local authorities prior to planning.

Key Highlights

  • Commercial building lot for development on a high‑traffic corner site
  • Spans 1.29 acres
  • Close to The Niswonger Performing Arts Center and OhioHealth

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Skin Care Clinic Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 45891, OH

15,633
Population
6,679
Households
2.3
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
134.3 sq mi
ZIP Area
116
Density / Sq Mi
$62,944
Median Household Income
$43,369
Median Earnings
$744
Median Rent
$143,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner development lot in a high-traffic area near regional employers and schools.
Where is this commercial land located?
The property is located at 10488 State Route 118 Van Wert, OH.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Commercial building lot for development on a high‑traffic corner site; Spans 1.29 acres; Close to The Niswonger Performing Arts Center and OhioHealth
More about this property
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