Current Use by Public Records
- Land
Property Details for 500 Monroe-Concord Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-acre parcel at 500 Monroe-Concord Road in Troy, Ohio, presents a remarkable opportunity for residential development. Currently zoned and approved for 37 residential lots, this property boasts a prime location across from the established Merrimont subdivision and adjacent to another smaller subdivision. The convenient location offers easy access to downtown Troy, Interstate 75, a variety of restaurants, and retail amenities, ensuring high desirability for future residents. The asking price is $750,000. Engineering work is underway, although the subdivision plan will require submission to Miami County for final approval. Utilities are readily available at the roadside, simplifying infrastructure development. This is a turnkey opportunity for developers seeking a well-situated, high-potential residential project in a thriving Ohio community. The property's 45373 zip code and proximity to major transportation routes make it exceptionally attractive. With zoning and development approvals already secured, this land is ready for immediate action. Don't miss this chance to acquire a highly desirable residential development site in a rapidly growing area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Miami
- State
- Ohio
- Longitude
- -84.2096
- Latitude
- 39.9952
