0 Maumee River Xing Defiance, OH 43512
This exceptional 1.618-acre commercial land parcel presents a unique investment opportunity in the highly desirable Maumee River Crossing development in Defiance, Ohio. Situated in the upscale residential area along the Tiffin River, this property boasts an enviable location within the esteemed Northeastern Local/Tinora School District. The parcel is conveniently located on the west side of Maumee River Crossing Boulevard and offers significant potential. Its zoning allows for division into five separate lots, ideally suited for single-family home construction, capitalizing on the strong residential demand in the area. This high-demand location benefits from a robust new job creation environment in Defiance, further enhancing its appeal. The property's proximity to the river adds to its desirability. Furthermore, there's an option to purchase an adjacent 16.5-acre parcel, providing the potential for a larger-scale development project. This is a rare chance to acquire a prime piece of land in a thriving community with excellent schools and a strong residential market. The asking price for this exceptional 1.618-acre parcel is $136,000. The property is located in Defiance County, Ohio, zip code 43512.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.