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    Crown Hill Rd Orrville, OH 44667

    Sponsored
    For Sale
    $850,000

    27 Acres, $850K, Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 27.15-acre parcel of land presents a unique investment opportunity in Orrville, Ohio. Ideally situated within city limits, this property boasts 839 feet of frontage on South Crown Hill Road, offering excellent visibility and accessibility. Currently zoned I2 industrial and actively used for agricultural farming, the land allows for potential conditional uses, subject to permitting. All essential utilities are readily available at the street, including public water, sewer, electricity, and gas. The property's strategic location provides convenient access to West Market Street. Mineral rights are included in the sale. This expansive tract offers significant potential for various industrial or commercial developments, making it an attractive proposition for discerning investors seeking a substantial land holding in a thriving Ohio community. The property's size and location within the city limits of Orrville, combined with the availability of utilities and the inclusion of mineral rights, represent a compelling combination of features. The existing agricultural use demonstrates the land's suitability for a variety of purposes. The zoning designation allows for flexibility in development plans, subject to the necessary approvals. This is a rare opportunity to acquire a large, well-located industrial parcel in a growing market.

    Property Features for 0 Crown Hill Rd

    General Information

    Property type
    Land
    Lot Size
    1,182,959 SF

    HighLights

    • 27.15‑acre parcel in Orrville, Ohio, within city limits.
    • 839 feet of frontage on South Crown Hill Road, excellent visibility and accessibility.
    • I2 industrial zoning, currently used for agriculture, with potential for conditional uses.
    • All utilities (water, sewer, electric, gas) available at the street.
    • Convenient access to West Market Street; mineral rights included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Orrville
    County
    Wayne
    State
    Ohio
    Longitude
    -81.7845633
    Latitude
    40.8315119

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    FAQs

    What type of property is this?
    Land - 27 Acres, $850K, Industrial Zoning
    Where is this land located?
    The property is located at Crown Hill Rd Orrville, OH.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 27.15-acre parcel in Orrville, Ohio, within city limits.; 839 feet of frontage on South Crown Hill Road, excellent visibility and accessibility.; I2 industrial zoning, currently used for agriculture, with potential for conditional uses.
    Request Owner's contact information
    Crown Hill Rd Orrville, OH 44667
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    Orrville, OH 44667
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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
    Crown Hill Rd Orrville, OH 44667
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