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    Park St Findlay, OH 45840

    For Sale
    $39,900

    Prime R4-zoned lot, ideal for multifamily.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.201 square foot residential land parcel, located at 0 Park St Lot 5 in Findlay, Ohio (zip code 45840), presents a compelling investment opportunity. The property, identified by APN 610000346000 and owned by Tela Inc., is part of a new subdivision on Findlay's southeast side. Zoned R4, it allows for the construction of duplexes and triplexes, making it perfect for developers seeking to capitalize on the high demand for multifamily housing in this desirable neighborhood. The lot's size offers significant potential for building, although the net usable acreage is 0.35 acres. This quiet and desirable location offers a strong return on investment. While the original listing price for similar lots in the subdivision was $44,900, this particular lot is now available for a reduced price of $39,900. A preliminary plan is available to show lot locations within the subdivision. Don't miss this chance to acquire a prime piece of land in a thriving Findlay community. Hancock County location.

    Property Features for 0 Park St

    General Information

    Property type
    Land

    HighLights

    • Zoned R4 for duplexes and triplexes.
    • New subdivision in southeast Findlay.
    • 2.201‑acre lot.
    • 0.35 acres net usable.
    • Parcel ID: 610000346000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Findlay
    County
    Hancock
    State
    Ohio
    Longitude
    -83.6360313
    Latitude
    41.0237278

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    FAQs

    What type of property is this?
    Land - Prime R4-zoned lot, ideal for multifamily.
    Where is this land located?
    The property is located at Park St Findlay, OH.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: Zoned R4 for duplexes and triplexes.; New subdivision in southeast Findlay.; 2.201-acre lot.
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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
    Park St Findlay, OH 45840
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