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    Us-127 Celina, OH 45822

    For Sale
    $275,000

    High-traffic retail outlot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1.09-acre commercial land parcel is located at the corner of US-127 and Summit Street in Celina, Ohio (zip code 45822), at the entryway to a busy strip center. The property boasts exceptional visibility due to its strategic placement near a traffic light, ensuring maximum exposure to both vehicular and pedestrian traffic. Easy access is provided from both US-127 and Summit Street, with convenient ingress and egress points. The site is zoned Office/Retail B-3, allowing for a variety of retail and service uses. This location offers significant advantages, including proximity to a major supermarket (Chief Supermarket), ensuring a consistent flow of potential customers. The asking price for this high-potential commercial land is $275,000. The property's location within a well-established commercial district, combined with its high traffic count and visibility, presents a strong opportunity for high return on investment. This is a rare opportunity to develop a custom retail space in a thriving economic environment. The parcel's size provides ample space for development, making it suitable for a variety of business ventures, from flagship stores to new franchises or unique startups. The property's APN is 270019000200.

    Property Features for 0 Us-127

    General Information

    Property type
    Land
    Lot Size
    47,480 SF

    HighLights

    • 1.09‑acre commercial land parcel in Celina, OH (45822), located at the corner of US‑127 and Summit Street.
    • High visibility corner lot at a traffic light in a busy strip center.
    • Easy access from US‑127 and Summit Street with convenient ingress/egress.
    • Office/Retail B‑3 zoning allows for various retail and service uses.
    • $275,000 asking price.
    • APN: 270019000200.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Celina
    County
    Mercer
    State
    Ohio
    Longitude
    -84.57116935148
    Latitude
    40.561223406259

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    FAQs

    What type of property is this?
    Land - High-traffic retail outlot, prime location.
    Where is this land located?
    The property is located at Us-127 Celina, OH.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 1.09-acre commercial land parcel in Celina, OH (45822), located at the corner of US-127 and Summit Street.; High visibility corner lot at a traffic light in a busy strip center.; Easy access from US-127 and Summit Street with convenient ingress/egress.
    Request Owner's contact information
    Us-127 Celina, OH 45822
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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
    Us-127 Celina, OH 45822
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