Property profile

780 Davids Dr Wilmington, OH 45177

OFF-MARKET
Warehouses
50.2 ac lot
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Property summary

AI-generated overview

This exceptional 50.2-acre vacant land parcel presents a unique opportunity for industrial development in Wilmington, Ohio. Located at 780 Davids Dr, this property is zoned LI (Light Industrial) by the city, allowing for a wide range of industrial uses. All utilities are conveniently located at the street, simplifying infrastructure connections for any new construction. The land is priced competitively at $50,000 per acre, representing a significant value proposition for developers. Importantly, this site is not located within a designated flood plain, mitigating potential development risks. Furthermore, its location within both an Opportunity Zone and an Enterprise Zone offers substantial tax advantages and incentives for qualified investors and developers. This build-to-suit opportunity allows for complete customization to meet specific project requirements, making it ideal for companies seeking a tailored industrial space. The property's substantial size and strategic location in Clinton County, Ohio, near Wilmington, provide excellent access to transportation networks and a skilled workforce. This is a rare chance to acquire a large, well-situated industrial land parcel with significant potential for growth and return on investment.

Property profile

Verified
Property type Warehouses
Lot 50.2 ac (2,186,712 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Garden Center Landscaping

Location

780 Davids Dr Wilmington, OH 45177
Wilmington metro
Google Maps

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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