1302 Main StPiqua, OH 45356

Property Details for 1302 Main St

Year built

1984

Lot size

6.00 AC

Property size (Sq ft)

5,640 SF

Property type

Land

Property subtype

Commercial land

APN

N44-076200

APU

N44076200

Description

This exceptional 6-acre industrial land parcel, located at 1302 S Main St, Piqua, Ohio (45356), presents a unique investment opportunity. Zoned I-2 Heavy Industrial, this property boasts pre-approved plans for a 606-unit self-storage facility, ready for immediate development. The site benefits from a pre-1994 Community Reinvestment Area (CRA) agreement, securing a substantial 15-year tax abatement. This translates to an estimated tax savings of nearly $2 million based on a projected $6 million property value. Construction plans, awaiting final city approval, are available for review. The property's location along busy S Main St provides excellent visibility and accessibility. The current owners have completed the initial steps, including securing zoning approval and the CRA, making this a truly shovel-ready project. This is an exceptional opportunity to capitalize on a pre-approved development plan and significant tax advantages. The Miami County location and convenient access to major transportation routes further enhance the property's appeal. APN: N44-076200. Asking price: $2,000,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,238,737

  Hospitality

  $1,134,676

  Educational

  $944,038

  Medical

  $976,504

  Retail

  $1,468,503

Location Insight

City

Piqua

County

Miami

State

Ohio

Latitude

40.1291

Longitude

-84.2369

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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