$2,838,050
$3,570,450
20.5%For more information regarding the value of a property, please contact us for a free consultation.
183 Acres Lot
SOLD DATE : 07/23/2024
Key Details
Sold Price $2,838,050
Property Type Vacant Land
Sub Type Single Family Lot
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 903809
Sold Date 07/23/24
Annual Tax Amount $8,504
Lot Size 183.000 Acres
Lot Dimensions 183 acres
Property Sub-Type Single Family Lot
Property Description
Exceptional Development Opportunity in Englewood, Ohio
Nestled in the heart of Englewood, just 100 meters off Main Street (State Route 48), this expansive 183-acre property offers a rare blend of development potential and natural charm. Comprising three linked parcels, the land is ideally positioned between two premium residential developments, providing an exceptional backdrop for a variety of projects.
Key Features:
Strategic Location: Situated near vibrant residential areas and easily accessible from Main Street.
Zoning and Potential: Currently zoned as single-family (R-2, under the Suburban Residential District), the property presents an opportunity for developing up to 429 residential lots. Additionally, its current agricultural use status offers flexibility for prospective developers.
Renewable Energy Potential: A transmission line running along the eastern edge makes this an ideal location for a large-scale solar project, tapping into the growing demand for renewable energy sources.
Versatile Development Options: Whether envisioning a dedicated residential community, an agricultural venture, or a combination of residential and renewable energy projects, this land accommodates a wide range of possibilities.
This property is more than just land; it's a canvas for innovation and growth. With a geological and environmental report available upon request, investors and developers can proceed with confidence. Seize the opportunity to shape Englewood's future with this unique and versatile property.
Location
State OH
County Montgomery
Zoning Residential,Agricultural
Schools
School District Northmont
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