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    Tracy Rd Walbridge, OH 43465

    Sponsored
    For Sale
    $2,160,000

    54 Acres, I-75/I-80/90 Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 54-acre agricultural property in Walbridge, Ohio, presents a unique investment opportunity. Located at 0 Tracy Road, with APN H28-712-070000031000, this land is zoned for agricultural use and offers significant potential. Its strategic location provides easy access to major transportation arteries, being only 3.5 miles from the I-75 and I-80/90 interchange. This proximity to key transportation routes enhances its appeal for various development possibilities. The area boasts a strong employment base, with numerous large employers including First Solar, Amazon, NSG, Home Depot, Jeep, FedEx, and UPS all within a 5-mile radius. This creates a robust and growing market for potential residential or commercial development. Furthermore, the township offers tax incentives for those working or living within its boundaries, adding to the property's financial attractiveness. Existing infrastructure includes a 60-inch trunk sanitary sewer and a 12-inch waterline directly on Tracy Road, significantly reducing infrastructure development costs. The asking price for this expansive parcel is $2,160,000. This property is ideal for investors seeking a strategic land acquisition in a rapidly developing area with excellent access to transportation and a strong local economy.

    Property Features for 0 Tracy Rd

    General Information

    Property type
    Farms
    Lot Size
    2,352,240 SF

    HighLights

    • Excellent multifamily development opportunity.
    • Conveniently located 3.5 miles from I‑75 and I‑80/90 interchange.
    • Strong employment base within a 5‑mile radius, including major employers like First Solar, Amazon, and Home Depot.
    • Attractive township tax incentives for residents and employees.
    • Existing 60" sanitary sewer and 12" waterline on Tracy Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Walbridge
    County
    Wood
    State
    Ohio
    Longitude
    -83.527654
    Latitude
    41.5666719

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    FAQs

    What type of property is this?
    Farm - 54 Acres, I-75/I-80/90 Proximity
    Where is this farm located?
    The property is located at Tracy Rd Walbridge, OH.
    What is the asking price?
    The asking price for this property is $2,160,000.
    What are key features of this property?
    This property features: Excellent multifamily development opportunity.; Conveniently located 3.5 miles from I-75 and I-80/90 interchange.; Strong employment base within a 5-mile radius, including major employers like First Solar, Amazon, and Home Depot.
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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
    Tracy Rd Walbridge, OH 43465
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