1302 Main StPiqua, OH 45356

For Sale
$2,000,000

Prime Ohio land, self-storage approved.

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • 6-acre shovel-ready industrial land parcel in Piqua, OH.
  • I-2 Heavy Industrial zoning approved for a self-storage facility.
  • Pre-approved plans for a 606-unit facility (two 303-unit phases).
  • 15-year tax abatement in place via pre-1994 Community Reinvestment Area (CRA) agreement, projecting nearly $2 million in savings.
  • Construction plans available, awaiting final city approval.

Property Details for 1302 Main St

Property type
Other land, Other industrial properties
Lot Size (sq. ft)
261,360 SF

Location Insight

City
Piqua
County
Miami
State
Ohio
Latitude
40.1285485
Longitude
-84.2369352
1302 Main St, Piqua, Ohio

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1302 Main St
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