Property profile

0 Highland St Loveland, OH 45140

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.7-acre property in Loveland, Ohio presents a remarkable opportunity for multi-family development. The land consists of two cleared, flat building lots, minimizing site preparation costs and maximizing efficiency. Conveniently located just 0.7 miles from downtown Loveland, this prime location offers easy access to a vibrant array of amenities including shopping, dining, and a nearby bike trail. Families will appreciate the proximity to Loveland High School (1 mile) and an elementary school (0.6 miles). The property is zoned R-MF (Residential Multi-Family District), with city approval already secured for the construction of 18 to 50 residential units. Essential utilities, including gas, water, and sewer, are readily available. Previously re-parceled, the property comprises parcels 621-0006-0259-00 through 621-0006-0268-00, and 621-0006-0012-00 and 621-0006-0013-00. This is a turnkey opportunity to capitalize on the strong demand for housing in this desirable Ohio community. The asking price for this exceptional development site is $649,900. Detailed information regarding the 18-50 unit approval is 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

Highland St Loveland, OH 45140
Loveland 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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