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    Recreation Waterfront Lot Title is generated by Realmo AI

    Shady Lane, Blue Rock, OH 43720

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    LAND - Blue Rock, OH

    Lot size:
    0.46 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 9:06 am

    Property Features for Shady Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Off Street
    Standard status
    Active
    APN
    20-60-20-90-000
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 32A SHADY LANE SUB REPLAT 99 X 200
    Tax Annual Amount
    111

    We can help!

    Listing Contact
    Cinda Erickson
    Cinda Erickson

    Listing agent Cinda Erickson License #2005015767

    Listing office Berkshire Hathaway HomeServices Professional Realty 35 W Main Street, Mentor, OH

    Listing date Jun 5, 2026

    MLS# 5216370 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

    • 0.455‑acre flat vacant lot on Shady Lane in Blue Rock, OH
    • Off‑street parking available
    • City water access available; water tap through Muskingum County Water Department
    • Community common area at the entrance of Shady Lane for launching and retrieving boats
    • Located near the Muskingum River for boating and fishing and other outdoor recreation

    Overview

    This is a 0.455-acre vacant lot that is described as flat and ready for recreational use. The property is positioned for owners looking for a spot for a camper, weekend getaway, or future recreational retreat, with the ability to access utilities via a water tap provided through the Muskingum County Water Department.

    The lot is located on Shady Lane in Blue Rock, Ohio, and is set within a quiet, private neighborhood. Nearby, residents have access to a common area at the entrance of Shady Lane, which is described as a convenient place to launch and retrieve boats. The property is also located near the scenic Muskingum River.

    For buyers seeking land tied to river activities, this parcel offers an uncomplicated, flat configuration and documented water access, along with proximity to boat launch and retrieval at the shared entrance common area. It may fit well for personal recreation planning where access to basic water service and a natural outdoor setting are priorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Blue Rock
    County
    Muskingum
    State
    Ohio
    Longitude
    -81.90224
    Latitude
    39.794417

    Nearby Similar for Sale

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      Muskingum County Land For Sale

      17.94 acres in Muskingum County with hunting and recreational potential.
      6100 Rockville Road, Blue Rock, OH 43720
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    • $134,550

      Land Available on Rockville Road

      Land for sale on Rockville Road in Muskingum County.
      6100 Rockville Road, Blue Rock, OH 43720
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    • $89,999

      Land Available on Shaver Road

      Land for sale located on Shaver Road.
      6880 Shaver Road, Blue Rock, OH 43720
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    FAQs

    What type of property is this?
    Recreation land - Flat, vacant waterfront-adjacent parcel with city-water access for boating and outdoor recreation uses.
    Where is this recreation land located?
    The property is located at Shady Lane Blue Rock, OH.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 0.455‑acre flat vacant lot on Shady Lane in Blue Rock, OH; Off‑street parking available; City water access available; water tap through Muskingum County Water Department
    (740) 336-8453
    We can help!
    Listing Contact
    Cinda Erickson
    Cinda Erickson
    Real Estate License ID: 2005015767
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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.

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