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    Oh-296 Urbana, OH 43078

    Sponsored
    For Sale
    $1,350,000

    Exceptional Ohio farmland; hunting, recreation, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive 150-acre property in Urbana, Ohio, presents a unique investment opportunity. Located at 0 Oh-296, Champaign County, and encompassing 6,615,892.8 square feet, this land offers a diverse range of uses. Over 60 acres are highly productive tillable farmland with a history of strong yields, ideal for agricultural pursuits. The remaining approximately 90 acres provide ample space for hunting, recreation, or potential development. This area features mature trees, three creeks or rivers, and federal wetlands, creating a picturesque and versatile landscape. The soil types include Carlisle Muck, Lippincott Sil, Fox Sil, and Sloan Sil. The asking price for this exceptional property is $1,350,000. Its strategic location in Urbana, Ohio, with zip code 43078, offers easy access to local amenities and transportation networks. This is a rare chance to acquire a substantial landholding with significant potential for various uses, making it an attractive investment for farmers, land investors, and outdoor enthusiasts alike.

    Property Features for 0 Oh-296

    General Information

    Property type
    Land

    HighLights

    • Asking Price: $1,350,000
    • Property Type: Land
    • Lot Size: 6,615,892.8 square feet (approximately 152 acres)
    • Location: 0 Oh‑296, Urbana, OH 43078, Champaign County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Urbana
    County
    Champaign
    State
    Ohio
    Longitude
    -83.7460223
    Latitude
    40.1553858

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    FAQs

    What type of property is this?
    Land - Exceptional Ohio farmland; hunting, recreation, development potential.
    Where is this land located?
    The property is located at Oh-296 Urbana, OH.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Asking Price: $1,350,000; Property Type: Land; Lot Size: 6,615,892.8 square feet (approximately 152 acres)
    Request Owner's contact information
    Oh-296 Urbana, OH 43078
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    Realmo Value Estimation

    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.

    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.

    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
    Oh-296 Urbana, OH 43078
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