Technical
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Distress signals
Property profile

1506 State Route 61 Galion, OH 44833

OFF-MARKET
Land
48.25 ac lot
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Property summary

AI-generated overview

This exceptional 48.251-acre agricultural property presents a unique development opportunity in Crestline, Ohio. Strategically located at the intersection of US Route 30 bypass and State Route 61, this parcel boasts unparalleled visibility and accessibility. The land is conveniently situated on the US Route 30 exit ramp off State Route 61, ensuring high traffic exposure. The property is zoned for agricultural use, offering flexibility for future development plans. The asking price is $2,400,000. The site itself is characterized by level terrain, simplifying development and minimizing site preparation costs. This prime location, combined with the substantial acreage and convenient access to major roadways, makes this property an attractive investment for various ventures. Detailed information regarding permitted uses under the current agricultural zoning is available upon request. The property's address is 1506 State Route 61, Galion, Ohio, 44833, located in Crawford County. This is a for sale by owner listing. Don't miss this chance to acquire a significant land holding in a high-growth area.

Property profile

Verified
Property type Land
Lot 48.25 ac (2,101,814 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1506 State Route 61 Galion, OH 44833
Galion metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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