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    Oh-73 Wilmington, OH 45177

    Sponsored
    For Sale
    $19,109,000

    Highly tillable farmland near Wilmington Air Park.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 191-acre property presents a rare opportunity for agricultural investment or development. The land boasts over 178 acres of highly tillable farmland, ideal for various agricultural pursuits. Benefiting from approximately 2,844 feet of road frontage along State Route 73 South, the property offers excellent accessibility and visibility. Its strategic location near the Wilmington Air Park provides convenient access to transportation infrastructure. The property consists of two parcels, with additional frontage on McCoy Road, enhancing its versatility and potential uses. The permitted zoning is RESIDENTIAL VACANT LAND - PLATTED LOT, opening possibilities for future development, subject to local regulations. The asking price for this expansive land holding is $19,109,000. Its proximity to Interstate 71 further enhances its logistical advantages, making it an attractive proposition for a wide range of investors and developers. This significant acreage presents a unique opportunity to acquire a substantial land holding in a desirable location with excellent access and potential for diverse uses. Detailed surveys and due diligence are recommended to fully assess the property's potential.

    Property Features for 0 Oh-73

    General Information

    Property type
    Farms
    Lot Size
    8,319,960 SF

    HighLights

    • 178 acres of tillable farmland
    • Approximately 2,844 feet of road frontage on State Route 73
    • Proximity to Wilmington Air Park
    • Convenient access to Interstate 71
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wilmington
    County
    Clinton
    State
    Ohio
    Longitude
    -83.765813176889
    Latitude
    39.421948602702

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    FAQs

    What type of property is this?
    Farm - Highly tillable farmland near Wilmington Air Park.
    Where is this farm located?
    The property is located at Oh-73 Wilmington, OH.
    What is the asking price?
    The asking price for this property is $19,109,000.
    What are key features of this property?
    This property features: 178 acres of tillable farmland; Approximately 2,844 feet of road frontage on State Route 73; Proximity to Wilmington Air Park
    Request Owner's contact information
    Oh-73 Wilmington, OH 45177
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    Wilmington, OH 45177
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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-73 Wilmington, OH 45177
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