1520 Wagner AveGreenville, OH 45331

Property Details for 1520 Wagner Ave

Year built

2006

Lot size

1.36 AC

Property size (Sq ft)

7,140 SF

Property type

Strip malls

Property subtype

Neighborhood centers

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,349,790

  6.5%

  $1,245,960

  7%

  $1,156,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $490,940

  Geo Method

  $146,210

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,433,550

  Mixed-Use / Specialty

  $1,239,990

  Hospitality / Lodging

  $907,738

  Office

  $1,231,020

  Institutional / Educational

  $1,288,540

  Residential Income

  $1,507,590

  Multifamily

  $1,816,640

  Automotive / Energy

  $1,104,460

  Parking / Income-Based Land

  $382,654

  Restaurant / Food Service

  $641,647

  Healthcare / Senior Housing

  $1,273,160

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

FAQs

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