Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Level Lot in Caldwell, Ohio Title is generated by Realmo AI

    608 west Street, Caldwell, OH 43724

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

    LAND - Caldwell, OH

    Lot size:
    0.15 Acres
    Added:
    Mar 12, 2025
    Days on Market:
    445
    Last Refresh:
    May 30 at 12:06 am

    Property Features for 608 west Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    29-0015062.000
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    147

    We can help!

    Listing Contact
    Harry V Hitchcock

    Listing agent Harry V Hitchcock License #2005008969

    Listing office Carol Goff & Associates 648 Wheeling Ave. Suite B, Zanesville, OH

    Listing date Mar 12, 2025

    MLS# 5106723 Listing URL

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

    HighLights

    • Ready‑to‑develop parcel
    • Access to public water
    • Access to public sewer
    • Level lot
    • Excellent opportunity to build
    • Ideal location in Caldwell, Ohio

    Overview

    This level lot is located in Caldwell, Ohio, and presents an opportunity for building or investment purposes. The 0.153-acre parcel is equipped with access to public water and sewer, offering ease and versatility for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Noble
    State
    Ohio
    Longitude
    -81.516338
    Latitude
    39.748934

    Nearby Similar for Sale

    • $425,000

      Turnkey Hunting Property Near Caldwell

      82-acre hunting land with cabin pad, trails, and timber.
      Crum Ridge Rd, Caldwell, OH 43724
      View Details
    • $2,150,000

      Gas Station on McConnellsville Road

      Gas station located on McConnellsville Road in Caldwell, OH.
      17030 McConnellsville Road, Caldwell, OH 43724
      View Details
    • $100,900

      Retail Space in Caldwell

      Retail space for sale in Noble County, Ohio.
      512 North Street, Caldwell, OH 43724
      View Details
    • $199,900

      Cleared Commercial Lot For Sale

      3.29 acre commercial lot ready for development in Caldwell, OH.
      44250 Fairground Road, Caldwell, OH 43724
      View Details
    • $60,000

      Caldwell Land Near Wolf Run

      5-acre tract near I-77, ideal for recreation or residence.
      SR 215, Caldwell, OH 43724
      View Details
    • $199,900

      Prime Vacant Commercial Lot

      Cleared, level 2+ acre lot suitable for various commercial uses.
      44250 Fairground Rd, Caldwell, OH, 43724-9677
      View Details
    • $9,350,000
      233,601 SF

      Industrial Property Near Interstate 77

      Warehouse/distribution property with excellent interstate access.
      17226 Industrial Hwy, Caldwell, OH
      View Details
    • $9,350,000
      233,601 SF

      Industrial Property on 17 Acres

      Manufacturing and distribution property with up to 233,601 square feet.
      17226 Industrial Hwy, Caldwell, OH 43724
      View Details

    FAQs

    What type of property is this?
    Land - Ready-to-develop parcel with access to public utilities.
    Where is this land located?
    The property is located at 608 west Street Caldwell, 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: Ready‑to‑develop parcel; Access to public water; Access to public sewer
    (740) 705-2388
    We can help!
    Listing Contact
    Harry V Hitchcock
    Real Estate License ID: 2005008969
    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

    Thank You for Inquiry
    608 west Street, Caldwell, OH 43724
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!