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    Carpenter Rd Defiance, OH 43512

    For Sale
    $3,538,000

    Divisible land suitable for industrial use near Elliot Road.

    Lot size:
    40.00 Acres

    Property Features for Carpenter Rd

    General Information

    Interior features
    Interior Feature 1, : "Cable Ready"
    Exterior features
    exterior_features, : ["Sewer Not Available", "Cable Available", "Electricity Available", "Internet Available", "Water Not Available"]
    Lot size
    40.00 Acres

    Source: Coldwell Banker Classic Proper Agent Cheryl Andres

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Off High Traffic

    This property is located off a high-traffic area near Elliot Road, between Toledo and Fort Wayne. It is suitable for industrial use. A First Energy transmission line runs between this property and two adjoining properties. Water and sewer services are nearby but require extension. The property can be divided or built to suit. The frontage, approximately 9.5 acres two acres deep, is available for $140,000 per acre. The remaining acreage is available for $70,000 per acre. A total of 125 acres is available when combined with the two adjoining properties.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Defiance
    County
    Defiance
    State
    Ohio
    Longitude
    -84.342404
    Latitude
    41.290637

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    FAQs

    What type of property is this?
    Land - Divisible land suitable for industrial use near Elliot Road.
    Where is this land located?
    The property is located at Carpenter Rd Defiance, OH.
    What is the asking price?
    The asking price for this property is $3,538,000.
    What are key features of this property?
    This property features: - Prime location off a high-traffic area (Elliot Road) between Toledo and Fort Wayne.; - Potential for division or build-to-suit development.; - Up to 125 acres available with adjoining properties.
    Request Owner's contact information
    Carpenter Rd Defiance, OH 43512
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    Defiance, OH 43512
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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
    Carpenter Rd Defiance, OH 43512
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