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    Meigs County Farmhouse on Acreage Title is generated by Realmo AI

    47030 Showalter Rd., Long Bottom, OH 45743

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    For Sale
    $495,000

    Farm / Farmhouse, Farm/Estate - Long Bottom, OH

    Type:Farm
    Property size:
    1,248 SF
    Lot size:
    109.00 Acres
    Price / SF:
    $396/SF
    Added:
    May 25, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 2 at 8:06 am

    Property Features for 47030 Showalter Rd.

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Zoning
    300
    Bedrooms
    3
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Family Room
    Parking features
    Garage
    Standard status
    Active
    APN
    0301141000,0301144000,0301142000,0301143
    Size
    1,248 SF
    Lot size
    109.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Propane (Heating)

    Building Details

    Year built
    1895
    Year renovated
    1895
    Floors in Building
    2
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Keith Benhase

    Listing agent Keith Benhase

    Listing office Buckeye Land Sales 33550 Wolf Hill Rd, McArthur, OH

    Listing date May 25, 2026

    MLS# 11781476 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 109 acres offering productive tillable ground (15 acres) and recreational acreage
    • Excellent hunting potential with strong populations of whitetail deer and wild turkey
    • Professional wildlife habitat management plan already in progress
    • Well‑established trail system for outdoor activities
    • Classic farmhouse with available utilities
    • Scenic features including gentle rolling timber, ridges, and natural rock outcroppings

    Overview

    Located in the rolling hills of Meigs County, this property features a classic farmhouse situated on approximately 109 acres of southeastern Ohio countryside. The land offers a blend of productive ground and recreational acreage, including roughly 15 acres of tillable land. The balance of the property consists of gentle rolling timber, scenic ridges, and natural rock outcroppings. A well-established trail system and multiple food plot locations cater to outdoor enthusiasts and hunters. The area is known for populations of whitetail deer and wild turkey, with bedding cover, natural travel corridors, and diverse terrain. Mature hardwoods, secluded hollows, and elevated ridge tops provide opportunities for hunting, hiking, ATV riding, or enjoying the peace and privacy of country living. A professional wildlife habitat management plan was developed for the farm by wildlife consultant Terry Peer of Higgins Outdoors, and the current owner has begun implementing portions of the plan. The farmhouse requires a significant amount of work but has utilities available. The property is suitable as a working farm, recreational getaway, or investment property with hunting potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Nail Salon Auto Parts Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Bottom
    County
    Meigs
    State
    Ohio
    Longitude
    -81.9078825
    Latitude
    39.0919226

    FAQs

    What type of property is this?
    Farm - Farmhouse on 109 acres in southeastern Ohio countryside.
    Where is this farm located?
    The property is located at 47030 Showalter Rd. Long Bottom, OH.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Approximately 109 acres offering productive tillable ground (15 acres) and recreational acreage; Excellent hunting potential with strong populations of whitetail deer and wild turkey; Professional wildlife habitat management plan already in progress
    (513) 403-2531
    We can help!
    Listing Contact
    Keith Benhase
    Request Owner's contact information
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    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
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