Technical
Financial
Distress signals
Property profile

1506 State Route 61 Galion, OH 44833

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 48-acre property presents a unique investment opportunity in Crestline, Ohio. Strategically located on the corner of the 30 bypass and State Route 61, this land boasts unparalleled visibility and accessibility. Its dual Agricultural and Commercial zoning allows for a wide range of development possibilities, catering to diverse business needs. The single-tenant status offers flexibility and control, making it ideal for a single large-scale operation or the potential for subdivision into smaller parcels. The expansive acreage provides ample space for various projects, from warehousing and distribution centers to light industrial facilities or even agricultural ventures. Given its high-traffic location, this property is perfectly positioned to capitalize on the substantial foot and vehicle traffic along these major thoroughfares. The potential for significant return on investment is undeniable, making this a truly compelling opportunity for discerning investors seeking a prime location with substantial development potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is currently designated as single-tenant land. Further details regarding zoning regulations and permitted uses are available upon request.

Property profile

Verified
Property type Land

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
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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