0 Oh-73 Wilmington, OH 45177
This exceptional 191-acre property presents a rare opportunity for agricultural investment or development. The land boasts over 178 acres of highly tillable farmland, ideal for various agricultural pursuits. Benefiting from approximately 2,844 feet of road frontage along State Route 73 South, the property offers excellent accessibility and visibility. Its strategic location near the Wilmington Air Park provides convenient access to transportation infrastructure. The property consists of two parcels, with additional frontage on McCoy Road, enhancing its versatility and potential uses. The permitted zoning is RESIDENTIAL VACANT LAND - PLATTED LOT, opening possibilities for future development, subject to local regulations. The asking price for this expansive land holding is $19,109,000. Its proximity to Interstate 71 further enhances its logistical advantages, making it an attractive proposition for a wide range of investors and developers. This significant acreage presents a unique opportunity to acquire a substantial land holding in a desirable location with excellent access and potential for diverse uses. Detailed surveys and due diligence are recommended to fully assess the property's potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.