0 E State Route 29, Urbana, OH 43078

$950,000
Property Type: Land/Farm Lot Size (sq. ft.): 1,569,031 Status: Closed
Current Price: $950,000 List Date: 11/09/2018 Last Modified: 1/30/2025

Overview

Description

The property has been ''pre-annexed'' into the City and it is just waiting on a developer to bring their plans to develop this property into a residential subdivision or into a commercial site where new businesses will benefit from the high traffic location. This 36 acres of prime real estate is located on the heavily trafficked State Route 29 and the corner of South Dugan Road. This section of Dugan Road connects State Route 29 to the Walmart Supercenter located on the heavily trafficked, US Highway 36, a short 1/2 mile away. State Route 29 and US Hwy 36 are both major arteries for incoming and outgoing traffic to the City of Urbana and the East end restaurants, retail and other public establishments. The immediate adjoining parcels to the West include the Scioto Square Shopping Plaza.

Listing Details MLS# 218041783

Location Property Info

Original List Price
3250000
Property Sub Type
Mixed Use
Street PreDirection
E
Street Name
State Route 29
County
Champaign
State
OH
Zip Code
43078
School District
URBANA CSD 1104 CHA CO.
Township
Urbana

OfficeContract Info

MLS Entry Date
2018-11-07

General Property Info

Acreage
36.02
Residential Dwelling/Other Structure Y/N
No
Built Prior to 1978
No

Tax Info

Parcel #
K41-11-11-11-00-025-00
Zoning
MULTIPLE
Multiple Parcels
Yes
Addl Parcel Numbers
K411111110002300
Tax Year
2023
Tax Abatement
No
Taxes (Yrly)
1435

Status Change Info

Under Contract Date
2024-01-02
Sold Date
2024-01-18
Sold Price/Acre
26374.24

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/Acre
36091.06
City (Mailing Addr)
Urbana
Corp LimitPerAuditor
None

Office/Contract Info

For Sale
Yes
For Exchange
No
For Lease
No

Remarks & Misc

Property Description
The property has been ''pre-annexed'' into the City and it is just waiting on a developer to bring their plans to develop this property into a residential subdivision or into a commercial site where new businesses will benefit from the high traffic location. This 36 acres of prime real estate is located on the heavily trafficked State Route 29 and the corner of South Dugan Road. This section of Dugan Road connects State Route 29 to the Walmart Supercenter located on the heavily trafficked, US Highway 36, a short 1/2 mile away. State Route 29 and US Hwy 36 are both major arteries for incoming and outgoing traffic to the City of Urbana and the East end restaurants, retail and other public establishments. The immediate adjoining parcels to the West include the Scioto Square Shopping Plaza.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

New Financing

Conventional
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: REMAX Alliance Realty
Listing Agent: V. Patrick Hamilton
Last Updated: January - 30 - 2025
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