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0 Cromes Dr Piqua, OH 45356

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Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 16.25-acre industrial land parcel, located in the Piqua I-75 Industrial Park at the intersection of W. Statler Road and Cromes Drive in Piqua, Ohio (zip code 45356), presents a compelling investment opportunity. The property, identified by APN N44-101580, is zoned I-2, designating it for Heavy Industrial District use. Priced at $558,400 ($34,900 per acre), this site boasts high-profile visibility from I-75, ensuring significant exposure for any business. A pre-1995 tax abatement is currently in place, with the potential for a 100% tax abatement for a period of 15 years, offering substantial financial advantages. The property's location provides convenient access to the I-75 interchange, with the path to the interchange rated for heavy loads, making it suitable for businesses requiring significant transportation capacity. This prime location, combined with the potential tax benefits and excellent accessibility, makes this an ideal site for industrial development or expansion. Serious inquiries are encouraged to explore this unique opportunity.

Property profile

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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

Value estimations

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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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