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    121 Oh-121 Versailles, OH 45380

    For Sale
    $299,100

    Versatile Commercial/Ag Land, High Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.9-acre parcel presents a unique investment opportunity in the thriving community of Versailles, Ohio. Strategically located on the busy State Route 121, this property boasts unparalleled visibility and accessibility, making it ideal for a diverse range of commercial ventures or agricultural pursuits. The land's size offers ample space for development, expansion, or simply enjoying the benefits of a sizable property in a desirable location. Its classification as both agricultural and commercial land opens doors to a wide array of potential uses, subject to local zoning regulations. The address is 121 OH-121, Versailles, OH 45380, situated in Darke County. The property's coordinates are 40.2397291 latitude and -84.5012435 longitude. Given its prime location on a major state highway, this property is poised for significant growth and return on investment. The asking price for this remarkable opportunity is $299,100. Serious inquiries are encouraged to explore the possibilities this versatile land offers. Buyers are responsible for conducting their own due diligence regarding zoning and permitted uses.

    Property Features for 121 Oh-121

    General Information

    Property type
    Farms

    HighLights

    • $299,100 asking price.
    • 5‑acre land parcel.
    • Located on busy State Route 121 in Versailles, Ohio.
    • Agricultural and commercial zoning.
    • Darke County, Ohio, 45380 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Versailles
    County
    Darke
    State
    Ohio
    Longitude
    -84.5012435
    Latitude
    40.2397291

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - Versatile Commercial/Ag Land, High Traffic Location
    Where is this farm located?
    The property is located at 121 Oh-121 Versailles, OH.
    What is the asking price?
    The asking price for this property is $299,100.
    What are key features of this property?
    This property features: $299,100 asking price.; 5-acre land parcel.; Located on busy State Route 121 in Versailles, Ohio.
    Request Owner's contact information
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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
    121 Oh-121 Versailles, OH 45380
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