7494 Germantown Pike Drexel, OH 45417
- Land
- 83.60 lot acres
Current Use by Public Records
- Land
Property Details for 7494 Germantown Pike
- Lot size
- 83.60 lot acres
- Property type
- Land
Description
This exceptional 83.604-acre commercial land parcel in Montgomery County, Ohio, presents a unique investment opportunity. Situated at 7494 Germantown Pike, Dayton, OH 45417, this property boasts a prime location and significant upside potential. Currently operating as a high-yield farm, the land generates a consistent monthly income of $1,000 through a lease agreement on the existing farmhouse and cultivated crops. The property's elevated position makes it the highest point in Montgomery County, offering stunning views and potential advantages for various developments. An existing easement provides access for a Verizon tower, although this currently does not generate income for the property. However, this existing infrastructure could be leveraged for future development or renegotiation. The expansive acreage and strategic location make this property ideally suited for a variety of uses, including but not limited to residential development. The asking price for this remarkable property is $1,000,000. This represents a compelling opportunity to acquire a substantial land holding with proven income and significant future development potential in a desirable Ohio location. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Drexel
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.2911
- Latitude
- 39.7384
