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2981 S Danbury Rd - 2.6 Acres Multifamily Land For Development 2.6 Acres of Commercial Land Offered at $995,000 in Port Clinton, OH 43452

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INVESTMENT HIGHLIGHTS

  • Boutique 15-18 unit condo development within a larger 44.5-acre master-planned project.
  • Private beach access, water views, and boat slip access are included in condo ownership.
  • Surrounded by high-performing comps—3BR lake condos selling in the mid-high $400k range.
  • All single-family lots from Phase I sold out— strong market validation
  • Adjacent infrastructure includes 20 dock slips, with plans for 40 more (pending Army Corps approval)
  • 15-Min. from Marble Head, 25-Min. from Cedar Point, and 45 Minutes from Put-in-Bay & Kelly's Island

EXECUTIVE SUMMARY

SVN Summit CRE is proud to present a first-class development opportunity in Vacationland Ohio that offers a slice of paradise for creating unforgettable memories and generating profitable returns. This rare Lake Erie-centric development opportunity is what the seller started and is ready to finish. All single-family homes & lots from the first development phase have been sold. This leaves an exciting and rare multi-family development opportunity. The property offers stunning bay views and serene private lakes. Nearby attractions such as
Cedar Point, Marblehead, Kelly's Island, and Put-In-Bay provide abundant destinations.

PROPERTY FACTS

Price $995,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 2.60 AC
No. Stories 2
Zoning R-C - R-C Recreational Commercial

1 LOT AVAILABLE

Lot

Price $995,000
Price Per AC $382,692.31
Lot Size 2.60 AC

The site is a short drive from Cedar Point. It sits at the southwestern tip of the Marblehead Peninsula, which divides Lake Erie from Sandusky Bay.

DESCRIPTION

SVN is pleased to present a boutique 15-18 unit condominium development opportunity in the heart of Vacationland, Ohio, an ideal setting for both lifestyle enjoyment and long-term investment. This limited offering represents the next phase of a successful master-planned community, where all single-family homes and lots from the initial phase have already sold out. Set against the backdrop of Lake Erie’s natural beauty, the site offers captivating bay views, access to private lakes, and proximity to a wide array of premier regional destinations, including Cedar Point, Marblehead, Kelly’s Island, and Put-in-Bay. Whether you're looking to build for seasonal demand, short-term rental income, or owner-occupied use, this is a rare chance to deliver a highly marketable product in one of Ohio’s most desirable resort corridors.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 014-0467606734000
  • 014-1155915510000
Land Assessment
$107,153
Improvements Assessment
$13,696
Total Assessment
$120,849
  • Listing ID: 30876219

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: 2981 S Danbury Rd, Port Clinton, OH 43452

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