East Ridge Subdivision

$500,000 (Sale)

1160 Dingman-Slagle Rd, Sidney, OH 45365

Flyer

Property Details

Property Type: Land
Lot Size: 8.2 Acres
Zoning: R3 - Multifamily

Overview

Excellent infill site as the final phase of the established East Ridge Subdivision, this ±8.2-acre R3-zoned site presents a rare opportunity for a developer to deliver single, multifamily, or build-to-rent product with much of the heavy lifting already complete. The site has been engineered for 33 residential lots and includes completed stormwater detention design and drainage studies, significantly reducing upfront entitlement and engineering timelines.

Located within an existing residential corridor in Sidney, the property benefits from surrounding housing demand, existing infrastructure tie-ins, and a logical path to vertical development. The relatively flat topography and prior subdivision planning further streamline construction feasibility and underwriting. With a low basis of $500,000, this site offers developers the ability to achieve strong returns through efficient density and reduced pre-development risk.

Contact Cole Kroneker to learn more.

Highlights

R3 Multifamily Zoning (By-Right Density) – Ideal for apartment or townhome development with strong unit yield potential
8.2 Acre Site with Engineered 33 residential lots + 2 common areas
Approved Subdivision – Final section of East Ridge Subdivision with prior development precedent in place
Flat Topography with Stormwater Engineering Completed – Detention design and hydrology fully engineered, reducing entitlement risk
Existing Utility Infrastructure Nearby – Ties into existing storm system, including 21” storm line connection
Infill Location Within Established Neighborhood
Attractive Basis at $500,000 – Low land cost supports strong margin on new construction single, multifamily or build-to-rent