1520 Wagner AveGreenville, OH 45331
- Retail properties
- 7,140 SF
Property Details for 1520 Wagner Ave
- Year built
- 2006
- Lot size
- 1.36 AC
- Property size (Sq ft)
- 7,140 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- F27-2-212-23-02-01-14906
- APU
- F27221223020114906
Description
This exceptional 0.95-acre commercial land parcel presents a unique investment opportunity in Greenville, Ohio. Situated on Wagner Avenue, a main retail thoroughfare, this single-tenant lot offers unparalleled visibility and accessibility. The property's strategic location places it within Greenville's vibrant commercial district, alongside established national retailers such as Lowe's, Walmart, Kroger, Marshalls, Rural King, and Tractor Supply. Greenville, the county seat of Darke County, boasts a strong local economy anchored by the significant presence of a 1,200-employee Whirlpool Corporation distribution center, the area's largest employer. This prime location ensures high traffic volume and a substantial customer base. The property's size and configuration are well-suited for a variety of commercial developments, making it an attractive option for businesses seeking a prominent presence in a thriving market. Its proximity to Dayton, Ohio (approximately 33 miles south), further enhances its appeal to businesses seeking access to a larger regional market. This is a rare opportunity to acquire a highly desirable commercial land parcel in a growing community. The property is ready for development and offers significant potential for long-term growth and profitability.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,729,763
- 6.5%
- $1,596,704
- 7%
- $1,482,654
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,189,584
- Geo Method
- $354,278
-
Alternative Use
- Use
- Valuation
- Residential
- $1,346,880
- Hospitality
- $1,233,735
- Educational
- $1,026,453
- Medical
- $1,061,754
- Retail
- $1,596,704
Location Insight
- City
- Greenville
- County
- Darke
- State
- Ohio
- Latitude
- 40.1274
- Longitude
- -84.6203
- CBSA code
- 24820
- CBSA name
- GREENVILLE, OH MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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