Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Bordering Wayne National Forest Title is generated by Realmo AI

    Newells Run Road, Marietta, OH 45750

    View on Map
    Claim this Listing
    For Sale
    $125,293

    LAND - Marietta, OH

    Lot size:
    35.80 Acres
    Added:
    Oct 30, 2025
    Days on Market:
    194
    Last Refresh:
    May 11 at 10:06 pm

    Property Features for Newells Run Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    280051751002
    Lot size
    35.80 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    We can help!

    Listing Contact
    Robert D Stulka

    Listing agent Robert D Stulka

    Listing office REAL ESTATE SHOWCASE 1375 Coshocton Ave, Mount Vernon, OH

    Listing date Oct 30, 2025

    MLS# 225041280

    Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Borders Wayne National Forest, offering expanded recreational and hunting opportunities (with permits)
    • Large 35.798‑acre wooded property providing privacy and natural beauty
    • Excellent potential homesite on the southern tract
    • Conveniently located 4.5 miles from State Route 7 and the Ohio River, and 13 miles from Interstate 77
    • Shopping, dining, and major retailers (Lowe's, Walmart) within a 13‑mile radius
    • Electric service previously available and city water tap located at the road

    Overview

    This 35.798-acre wooded property, bordering the Wayne National Forest, offers privacy and recreational potential. It comprises two tracts to be sold together: Tract 1, 12.535 acres north of Newells Run Road, and Tract 2, 25.263 acres south of the road. The southern tract is bordered by nearly 100 acres of Wayne National Forest, offering expanded hunting opportunities with the necessary permits. This land provides versatility as a hunting property, retreat, or future homesite. The property is located 4.5 miles from State Route 7 and the Ohio River, and 13 miles from Interstate 77, providing convenient travel. Shopping, dining, and major retailers like Lowe's and Walmart are within 13 miles. Electric service was previously available, and a city water tap is located at the road. The property is located in Marietta, OH. For GPS, use 3969 Newells Run Road, though that address is not part of the property for sale.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Marietta
    County
    Washington
    State
    Ohio
    Longitude
    -81.2689063
    Latitude
    39.3877797

    Nearby Similar for Sale

    • $347,500
      5,000 SF

      Income-Producing Mixed-Use Property

      Renovated mixed-use property in Marietta's Harmar Village.
      118 Maple Street, Marietta, OH 45750
      View Details
    • $175,000
      1,806 SF

      Marietta Duplex: Income Potential

      Income-producing duplex near downtown Marietta with long-term tenants.
      112 Scammel Street, Marietta, OH 45750
      View Details
    • $490,000
      5,335 SF

      Remodeled Commercial Property with Loading

      Remodeled commercial property with offices, warehouse, loading dock, parking.
      101 Rathbone Road, Marietta, OH 45750
      View Details
    • $27,000

      Residential Land in Marietta, OH

      Residential vacant land, family-owned for over 30 years.
      Academy Drive, Marietta, OH 45750
      View Details
    • $4,100,000

      Car Wash and Storage Facilities

      Two car washes with storage in high-traffic Marietta, Ohio.
      304 Muskingum Dr, Marietta, OH 45750
      View Details
    • $289,000

      Former Car Lot For Sale

      Commercial property suitable for office or retail development.
      314 Pike St, Marietta, OH 45750
      View Details
    • $2,991,000
      7,982 SF

      Freestanding Restaurant Property For Sale

      Freestanding restaurant property with a long-term corporate guaranteed lease.
      206 Cherry Tree Ln, Marietta, OH
      View Details
    • Contact for pricing
      9,300 SF

      Marietta Retail Building For Lease

      9,300 SF retail building in prime Marietta location.
      301 Greene St, Marietta, OH
      View Details
    • $675,000
      2,463 SF

      Marietta Retail Investment Opportunity

      Retail property with long-term tenant in high-traffic location.
      111 Pike Street, Marietta, OH 45750
      View Details
    • $790,000

      High Visibility Land For Sale

      0.91 acres of vacant land in high-traffic area.
      904 Pike Street, Marietta, OH 45750
      View Details
    • $170,000

      Commercial Land with Parking

      Commercial land with parking, zoned C4, good visibility and access.
      4 4th St, Marietta, OH, 45750
      View Details
    • $176,900

      Wooded Acreage with Road Frontage

      59 acres of wooded land with extensive road frontage.
      0 Cow Run Road, Marietta, OH 45750
      View Details

    FAQs

    What type of property is this?
    Land - 35.8 acres of wooded land near Wayne National Forest.
    Where is this land located?
    The property is located at Newells Run Road Marietta, OH.
    What is the asking price?
    The asking price for this property is $125,293.
    What are key features of this property?
    This property features: Borders Wayne National Forest, offering expanded recreational and hunting opportunities (with permits); Large 35.798‑acre wooded property providing privacy and natural beauty; Excellent potential homesite on the southern tract
    (740) 627-0109
    We can help!
    Listing Contact
    Robert D Stulka
    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

    Thank You for Inquiry
    Newells Run Road, Marietta, OH 45750
    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!