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    Orch Ave Lakeview, OH 43331

    For Sale
    $8,250,000

    LAND - Lakeview, OH

    Lot size:
    16.49 Acres
    Days on Market:
    137
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for Orch Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    510320701003000
    Fencing
    Fenced
    Lot size
    16.49 Acres

    Utilities

    Water front features
    Lake Front, Waterfront
    Water front
    1

    Choice Properties Real Estate (937) 842-2244 x101 [email protected]

    Listing agent Diane (Teri) P. Frymyer (937) 842-2244

    Listing date Jul 22, 2025

    Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land on Orchard Island

    This 16.489-acre waterfront property, known as ''The Wicker Property'' on Orchard Island, presents a rare development opportunity. Zoned B-1, the land is suitable for restaurants, bars, commercial recreation, retail, and single-family homes. The property consists of 4 separate parcels, offering flexible development options. It features unobstructed views of Indian Lake's waterfront. This site offers possibilities for a lakefront dining destination, a boutique resort, a commercial hub, or a private residential retreat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lakeview
    County
    Logan
    State
    Ohio
    Longitude
    -83.882118
    Latitude
    40.480165

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial land - Rare 16.489-acre waterfront development opportunity on Orchard Island, Indian Lake.
    Where is this commercial land located?
    The property is located at Orch Ave Lakeview, OH.
    What is the asking price?
    The asking price for this property is $8,250,000.
    What are key features of this property?
    This property features: - Large 16.489-acre waterfront property on Orchard Island.; - Zoned B-1, allowing for diverse development options.; - Rare opportunity as one of the last undeveloped large waterfront tracts on Indian Lake.
    (937) 842-2244
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    Realmo Value Estimation

    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.

    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.

    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
    Orch Ave Lakeview, OH 43331
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