Team HORNE-BOWEN

40.0416 -84.1531

0 LYTLE Troy, OH 45373

134880372 40.0416 -84.1531 174 /listing/134880372-150013632/0-lytle-troy-oh-45373 False 0 1200000.0 102 373821 False
  • $1,200,000
  • 55.80 lot
  • Est payment $6441.86/mo

Property Information

  1. 55.80 Lot

Vacant Land in Troy

The subject property is 55.8 acres. The sale is subject to tenants rights and crop rights. The parcel contains 3 interstate billboard display signs. The land owner has negotiated a long term lease for the display signs expiring December 2028. Annual rental income from display signs is $8,554. There is a annual rent escalator of 3% in the lease agreement. Lessor may terminate the sign lease upon 60 day written notice. The land is cash rented for $14,787 per year. The ground lease may be terminated if the lessor gives the lessee sixty days notice prior to the expiration of the annual lease term ending on December 31, of each year. This property was annexed into the City of Troy on 9/29/2016. The property was also Rezoned to R-5 on May 3rd of 2021.

Courtesy Of Turn-Key Management, Realtors

Main Features

  • Listing Status: Active
  • School District: 5509 Troy CSD
  • County: miami
  • MLS Number:373821

Additional Features

  • Occupancy:
    • Subject To Tenants Rights
  • Land:
    • Crop Right
    • Tillable
  • Township:
    • Concord
  • Board:
    • WRIST Inc.
  • New Financing:
    • Cash
    • Conventional
  • Ownership:
    • Corporate Owned
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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40.0416 -84.1531

0 LYTLE Troy, OH 45373

134880372 40.0416 -84.1531 174 /listing/134880372-150013632/0-lytle-troy-oh-45373 False 0 1200000.0 102 373821 False
  • $1,200,000
  • 55.80 lot
  • Est payment $6441.86/mo