Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    136 Scherer Rd Ironton, OH 45638

    View on Map
    Claim this Listing
    New
    For Sale
    $49,900

    Residential Lot - Ironton, OH

    Type:Single Family Residence
    Lot size:
    0.99 Acres
    Added:
    Apr 9, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 12 at 5:06 am

    Property Features for 136 Scherer Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Exterior features
    Garage(s)
    Standard status
    Active
    APN
    37-008-0900.000
    Lot size
    0.99 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Garage(s)

    We can help!

    Listing Contact
    Alice Clark

    Listing agent Alice Clark

    Listing office M & M REALTY SERVICES, INC 703 PARK AVENUE, IRONTON, OH

    Listing date Apr 9, 2026

    MLS# 183571 Listing URL

    Copyright © 2026 Huntington Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleared Lot with Garage

    This residential lot, located in Ironton, Ohio, is a cleared building site with available utilities including water, sewer, gas, and electric. The property also features a two-car garage. The lot size is approximately 0.99 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ironton
    County
    Lawrence
    State
    Ohio
    Longitude
    -82.6550851
    Latitude
    38.5310773

    Nearby Similar for Sale

    • $124,500
      2,776 SF

      Ironton Duplex with Income Potential

      Two-unit duplex in Ironton, Ohio, ideal for investors/homeowners.
      1418 S Seventh Street, Ironton, OH 45638
      View Details
    • $225,000

      Former Restaurant Building in Ironton

      3,648 SF commercial building, formerly a restaurant with parking.
      2215 S 3rd Street, Ironton, OH 45638
      View Details
    • $34,000

      Residential Lot in Country Setting

      1.5 acre residential lot with cleared site near town.
      1817 County Road 52, Ironton, OH 45638
      View Details
    • $299,900
      3,872 SF

      Ironton Apartment Building For Sale

      Six-unit apartment building in high-visibility Ironton location.
      1107 S 3rd Street, Ironton, OH 45638
      View Details
    • $99,900
      3,632 SF

      Fourplex in Convenient Ironton Location

      Spacious four-unit property with income potential in Ironton, Ohio.
      216-218 S 4th Street, Ironton, OH 45638
      View Details
    • $150,000
      1,706 SF

      Ironton Duplexes on Large Lot

      Two duplexes with potential building lots in Ironton, Ohio.
      519 Lane Street, Ironton, OH 45638
      View Details
    • $16,400

      Residential Lot Near Rock Hill

      One-acre residential lot in a country setting near schools.
      County Road 26, Ironton, OH 45638
      View Details
    • $42,500

      Land Ready For New Home

      2.996 acre lot with electric, ready to build.
      Disterdick Lane, Ironton, OH 45638
      View Details
    • $240,000

      95 Acres Hunting Retreat Land

      95 acres of hunting land with new gated entrance.
      0 County Road 181, Ironton, OH 45638
      View Details
    • $79,900

      Residential Lot with Lake

      8.3-acre residential lot featuring a lake in Ironton, OH.
      Township Road 330, Ironton, OH 45638
      View Details
    • $699,000
      22,638 SF

      Downtown Ironton Mixed-Use Building

      Mixed-use building with retail and office spaces in downtown Ironton.
      106-112 Center Street, Ironton, OH 45638
      View Details
    • $50,000

      Residential Acreage Within City Limits

      14.17 acres in Ironton, OH with utilities access.
      Ora Richey Rd, Ironton, OH 45638
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with utilities and a two-car garage.
    Where is this residential land & home lot located?
    The property is located at 136 Scherer Rd Ironton, OH.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Cleared building lot ready for your dream home.; All utilities available including water, sewer, gas, and electric.; Two‑car garage on property.
    (740) 646-2514
    We can help!
    Listing Contact
    Alice Clark
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!