Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Sharon Avenue Zanesville, OH 43701

    View on Map
    Claim this Listing
    For Sale
    $79,900

    COMMERCIAL - Zanesville, OH

    Lot size:
    7.61 Acres
    Added:
    Feb 6, 2025
    Days on Market:
    451
    Last Refresh:
    May 3 at 7:06 am

    Property Features for Sharon Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    81-50-99-01-000
    Lot size
    7.61 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    R 13 TP 12 SEC 5 E S W COR 7.61A
    Tax Annual Amount
    487

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Chloe Jackson

    Listing agent Chloe Jackson License #2023006841

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

    Listing date Feb 6, 2025

    MLS# 5099087 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.

    Overview

    Prime Commercial Land Opportunity

    This 7.6-acre commercial parcel, zoned C-2, offers a development opportunity with visibility and accessibility along State Route 60. It is located minutes from Interstate 70 and downtown Zanesville. Public sewer and water access are available at the road. The property is suited for multi-family residential developments, retail centers, office spaces, restaurants, or mixed-use projects. Its location ensures traffic exposure, while views of the Muskingum River enhance its appeal. It is located in Zanesville, OH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Zanesville
    County
    Muskingum
    State
    Ohio
    Longitude
    -81.995649
    Latitude
    39.934805

    Nearby Similar for Sale

    • $420,000

      Zanesville Multifamily Investment Opportunity

      Multifamily property with multiple units and expansion potential.
      3875 Roseville Road, Zanesville, OH 43701
      View Details
    • $119,900

      Versatile Commercial Building in Zanesville

      High-visibility commercial building suitable for retail, office, or warehouse.
      711 Pine Street, Zanesville, OH 43701
      View Details
    • $850,000

      Colony Business Center For Sale

      Six-unit office complex, fully occupied, with ample parking.
      3608 Maple Avenue, Zanesville, OH 43701
      View Details
    • $2,700,000

      107+ Acre Development Opportunity

      Versatile land with airpark, development potential near Intel site.
      5800 Wortman Road, Zanesville, OH 43701
      View Details
    • $1,500,000

      Medical Office Building For Sale

      Professionally finished medical office with additional suites and expansion potential.
      3814 James Court, Zanesville, OH 43701
      View Details
    • $2,000,000

      Zanesville Commercial Land Opportunity

      High-visibility commercial land with development potential in Zanesville, Ohio.
      3322 Newark Road, Zanesville, OH 43701
      View Details
    • $1,500,000

      Versatile Commercial Property in Zanesville

      6,600 sq ft building ideal for service-based operations and trades.
      1545 Highpointe Court, Zanesville, OH 43701
      View Details
    • $805,000
      14,224 SF

      Historic Building with Modern Upgrades

      Landmark building in downtown Zanesville with flexible space.
      333 Market St, Zanesville, OH 43701
      View Details
    • $250,000

      Medical Condo Suite Near Hospital

      Move-in ready medical condo with exam rooms and modern updates.
      830 Bethesda Drive, Zanesville, OH 43701
      View Details
    • $524,000

      Land in Zanesville, Ohio

      31.70 acres in West Muskingum school district.
      Timber Run Road, Zanesville, OH 43701
      View Details
    • $55,000

      Zanesville Commercial Property for Sale

      Commercial property in Zanesville, Ohio, with parking.
      624 Main Street, Zanesville, OH 43701
      View Details
    • $1,700,000
      5,925 SF

      Zanesville Commercial Property Near I-70

      Commercial property with office, showroom, and warehouse space near I-70.
      999 Zane St - A, Zanesville, OH 43701
      View Details

    FAQs

    What type of property is this?
    Commercial land - 7.6-acre commercial parcel with high visibility and development potential.
    Where is this commercial land located?
    The property is located at Sharon Avenue Zanesville, OH.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: Prime 7.6‑acre commercial parcel zoned C‑2.; Excellent visibility and accessibility on State Route 60, near Interstate 70 and downtown Zanesville.; Public sewer and water access available.
    (740) 705-3020
    We can help!
    Listing Contact
    Chloe Jackson
    Real Estate License ID: 2023006841
    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

    Sharon Avenue, Zanesville, OH 43701

    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!